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Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing

Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing

TechCrunch Industry News · TechCrunch

November 27, 20244m 42s

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Show Notes

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing.

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