Intel awarded up to $3 bln from US for national security related chip production
The Biden Administration on Monday awarded Intel Corp up to $3 billion from the CHIPS and Science Act to develop a "Secure Enclave" for microelectronics, which are a critical component to a wide range of weapon systems and other national security products.
Intel Awarded up to $3B by the Biden-Harris Administration for Secure Enclave
The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program. The program is designed to expand the trusted manufacturing of leading-edge semiconductors for the U.S. government.
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Intel CEO Suggests More Layoffs Could Be Coming as Company Accepts $3 Billion in Direct Funding from U.S. GovernmentIntel CEO Pat Gelsinger announced in August that Intel would be reducing its head count by roughly 15,000 roles (or 15% of ...
Intel shares jumped 6% Monday afternoon after it was confirmed the company would receive up to $3B in direct funding under ...
Intel needs a whole lot of big wins for both its chip design and selling business and its increasingly arm’s length foundry ...
Intel's foundry struggles are ultimately TSMC's gain. The Taiwanese company is the largest chip manufacturer in the world and saw its growth soar as a result of the strong demand for AI chips. TSMC ...
The Biden Administration awarded Intel Corp up to $3 billion from the CHIPS and Science Act on Monday. The money is part of ...
A company that specializes in making batteries for autonomous and commercial vehicles cut the ribbon on a new facility in ...
U.S. intelligence agencies are working toward closer collaboration with government and industry partners. As a result, ...
ASUS today unveiled the Zenbook S 14 (UX5406) 2024 at an event in New Delhi and announced opening of pre-booking. This laptop ...
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.
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