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(Reuters) -Intel said on Friday it amended the CHIPS Act funding deal with the U.S. Department of Commerce to remove earlier project milestones and received about $5.7 billion in cash sooner than ...
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Intel CFO says chipmaker receives $5.7 billion in outstanding CHIPS Act grants under Trump deal
Intel received the $5.7 billion in cash on Wednesday night as part of the deal US President Donald Trump negotiated for a 10% stake in the struggling chipmaker, finance chief David Zinsner said at an ...
Intel's chief financial officer has confirmed the company has received $5.7 billion from the Trump administration as part of a deal that sees the US government taking a 10% stake in the company, as ...
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