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In Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics

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In Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics

[ad_1] CHANDLER, Ariz. — In the booming Phoenix metro area, Washington policymakers’ rare bipartisan push to bolster national security in their high-tech arms race with China brings major enthusiasm for something more basic: jobs. A fresh influx of $8.5 billion in CHIPS and Science Act funding to help Intel build two semiconductor plants and upgrade … Read more

Intel will get $8.5 billion in CHIPS Act funding to support its US manufacturing efforts

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Intel will get $8.5 billion in CHIPS Act funding to support its US manufacturing efforts

[ad_1] Intel is getting a huge boost from the US government under the CHIPS and Science Act. The company could get up to $8.5 billion in direct funding from the government, according to the preliminary agreement it has reached with the Department of Commerce. That money will go towards the chipmaker’s efforts to expand its … Read more