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Intel awarded almost $8 billion in bid to protect US chipmaking interests
Intel awarded almost $8 billion in bid to protect US chipmaking interests Illustration: Alex Castro / The VergeThe Biden administration is giving Intel $7.865 billion in CHIPS Act funding to boost domestic semiconductor manufacturing in the US. The agreement confirmed by the US Department of Commerce today is the largest award granted under the CHIPS Act to date, though notably smaller than the up to $8.5 billion earm...
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