Joe Biden
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Intel and Biden Admin Announce up to $8.5 Billion in Direct Funding Under the CHIPS Act
Proposed funding, coupled with an investment tax credit and eligibility for CHIPS Act loans, would help Intel advance American semiconductor manufacturing and technology leadership in the AI era. NEWS HIGHLIGHTS SANTA CLARA, Calif., and WASHINGTON, March 20, 2024 – The Biden-Harris Administration announced today that Intel and the U.S. Department of Commerce have signed a…