Friday, 31 January, 2025

Intel Secures $2.2 Billion in Federal Grants to Boost Chip Production

Intel has received $2.2 billion in federal grants to enhance semiconductor manufacturing in the U.S. The funding supports domestic chip production, reducing reliance on global supply chains and strengthening national security. This investment aligns with government initiatives to expand the U.S. semiconductor industry, ensuring technological leadership and resilience in the face of increasing global competition.