&w=600&resize=600,400&ssl=1 "Intel’s CHIPS Act funding diminished from .5 billion to .85 billion due to latest navy contract – Firstpost")
Intel’s CHIPS Act funding diminished from $8.5 billion to $7.85 billion due to latest navy contract – Firstpost
Intel, the most important recipient of CHIPS Act funding, is dealing with mounting scrutiny over its potential to ship on its commitments, notably because it navigates monetary struggles and prolonged venture timelines learn extra The Biden administration has diminished Intel’s funding beneath the CHIPS Act from $8.5 billion to $7.85 billion, a major lower attributed…