&w=1920&resize=1920,600 "Intel secures .5 bn in federal grants for semiconductor production")
Intel Corp has been approved for up to $3.5 billion in federal grants to advance semiconductor production for the U.S. Department of Defense. The funding comes after the chipmaker finalized a binding agreement with U.S. officials
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Intel Corp has officially qualified for as much as $3.5 billion in federal grants to make semiconductors for the U.S Department of Defense, Bloomberg News reported on Friday, citing people familiar with the matter, after the chipmaker reached a binding agreement with U.S officials.
More details awaited
