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 changing some of its investment commitments.
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Topics
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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.The Wall Street Journal - 5d -
Biden administration finalizes nearly $8B in CHIPS funding for Intel
Intel will receive about $7.86 billion in funding from the CHIPS and Science Act to build new semiconductor manufacturing facilities across four states under its finalized agreement with the Biden ...The Hill - 5d -
First sighting of Belarusian political prisoner in more than 600 days
Maria Kolesnikova, jailed for her part in mass political protests in 2020, was allowed to see her father.BBC News - Nov. 12 -
Duct-taped banana sells for more than $6 million at auction
"Comedian," a banana duct-taped to a white wall — or an acclaimed piece of art, depending how you look at it — sold at a Sotheby's auction for $6.24 million.NBC News - Nov. 21 -
Germany's arms shipments to Israel worth more than €130 million
Yahoo News - 5d -
Millions to see mortgage costs rise, says Bank
About 4.4 million UK households could see their repayments increase by 2027.BBC News - 2d -
Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated
Nvidia on Wednesday signaled that Blackwell sales over the next few quarters will be limited by how many chips and systems it can make.CNBC - Nov. 21
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