Intel’s $7.9B subsidy deal comes at a high price for the chipmaker
In September, Intel CEO Pat Gelsinger announced plans to spin off Intel Foundry, citing potential flexibility to secure independent funding.
Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity.
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
Intel Faces Ownership Restrictions Tied to $7.86 Billion Subsidy Deal
Intel has revealed that its $7.86 billion subsidy deal from the U.S. government imposes limits on the company’s ability to sell stakes in its chip manufacturing subsidiary, should the unit eventually become an independent entity.
Intel's CHIPS Act funding restricts the sale of foundry buisness — company has to maintain majority share if it spins off manufacturing unit
Intel must maintain control of Intel Foundry even in case it decides to spin it off into a separate private or public company.
Intel's $7.86B US Subsidy Restricts Sale Of Chipmaking Unit
Intel revealed that the U.S. government subsidies require it to retain at least 50.1% ownership of Intel Foundry if separated into a private entity, and limit sales to a single shareholder to 35% if the unit becomes public,
Intel's $7.86 billion subsidy deal restricts sale of its chip manufacturing unit
Intel has said that its deal for $7.86 billion in US government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity. The US Commerce Department announced the subsidy to Intel on Tuesday,
Intel Processors Getting Free Major Performance Boost
Intel has scope to offer a major performance improvement to its otherwise lacklustre Core Ultra 200 desktop processors ...
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Intel Core Ultra 7 155H - bit of a mixed bag
Leo was sent the Asus Zenbook 14 OLED UX3405M from Intel recently and he spent some time with it. It's a bit of a mixed bag ...
New Intel Arc Battlemage gaming GPU range coming in just a few days, says report
Intel's next batch of graphics cards are on the horizon, as a new report brings the alleged December release date into focus ...
Intel In Pre-Christmas Graphics Card Launch Surprise
Intel steals Nvidia's thunder with imminent graphics card launch. It's Arc Battlemage cards will see reviews out before ...
Workers demand more transparency after Intel secures $8B CHIPS funding
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund the expansion of ...
Is Intel Stock a Buy Now?
To add insult to injury, the company Intel tried to buy in 2005, Nvidia, has gone on to become the second-largest company in ...
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Intel’s Battlemage GPUs Rumored to Launch Next Week
Intel’s next generation of Arc-branded discrete GPUs, codenamed Battlemage, could launch as early as next week.  Intel’s ...
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and ...
Intel's annual median pay has been stagnant compared to peers like Nvidia and Microsoft
Business Insider analyzed the average pay for employees at Big Tech companies and found that Intel lagged behind.