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Biden Administration Allocates $20 Billion to Intel for Enhancing US Chip Production

por Alan Yun (30/03/2024)


On Wednesday, the Biden administration announced it will provide Intel with nearly $20 billion in grants and loans under the CHIPS Act. This funding aims to significantly boost Intel's domestic semiconductor production, Technology representing the largest government investment to support cutting-edge chip manufacturing.Read more at www.btckingsnews.com