The US government drops its CHIPS Act requirements for Intel
Intel no longer has to fulfill certain requirements or meet milestones that it was originally supposed to under the CHIPS Act, now that the government is taking a stake in the company. According to the Wall Street Journal, Intel said in a filing that it can now receive funding from the government, as long as it can show that it has already spent $7.9 billion on projects that it agreed to take on under a deal with the Commerce Department last year. Reuters notes that Intel has already spent $7.87 billion on eligible CHIPS Act-funded projects.<br /> In addition, the company doesn't have to share a percentage of the total cumulative cash flow it gets from each project with the Commerce Department anymore. It doesn't have to adhere to some of the CHIPS Act's workflow polic [...]
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Intel once again delays its long-awaited Ohio chip fabrication facilities
Intel announced that it's further delaying plans to open two chip fabrication facilities in Ohio, pushing their completion out to 2030. The company originally announced its plans for Ohio in 2022 [...]
Trump administration official says some CHIPS Act companies won't need to give up equity
Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, n [...]
Intel at CES 2026: Live updates from the Core Ultra Series 3 Panther Lake launch event
SOPA Images via Getty Images<br /> CES 2026 is off and running, and chipmakers enabling the AI moment are one of the big starts of the show. In addition to NVIDIA and AMD taking the stage today, [...]
