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$7.9 billion stimulus from the US government for Intel, which is going through tough times

  • November 26, 2024
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One of the most important commercial competitions in recent years is taking place in the semiconductor market. who will soon leave his office in the US Joe Biden

.9 billion stimulus from the US government for Intel, which is going through tough times

One of the most important commercial competitions in recent years is taking place in the semiconductor market. who will soon leave his office in the US Joe Biden The government also passed a regulation, the CHIPS Act, to protect the country’s position in this area. In this context, Intel $7.9 billion It has been confirmed that a grant will be provided.

On the other hand, this figure is the first announced subsidy amount. compared to $8.5 billion $600 million less. However, this situation does not seem to bother Intel as the technology manufacturer recently received a request from the US Department of Defense to produce chips. also another 3 billion dollars had taken it.

This year the country will receive at least $1 billion

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According to the statements received Intelbefore this year is over $1 billion will receive payment. The US Secretary of Commerce has issued a statement on this subject Gina Raimondothe semiconductor manufacturer’s investments in Arizona, New Mexico, Ohio and Oregon “American Innovation” He stated that it would super-accelerate and revolutionize semiconductor manufacturing in the US.

He will be the new president of the US Donald TrumpHe expressed negative views about the CHIPS Act, saying there should be customs regulations on chips coming from abroad instead of supporting American companies. It appears the Biden administration is aiming to complete the distribution of subsidies and incentives before handing over the seat.

Source: Web Tekno

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