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Intel and US to Finalize $8.5 Billion in Chips Funding by Year-End, FT Reports
Sep 27, 2024, 04:15 AM
Intel and the US government are working to finalize $8.5 billion in direct funding for the chipmaker by the end of the year. This funding aims to stabilize Intel's business, which has been facing challenges. The Financial Times reports that this move is part of a broader effort to bolster the US semiconductor industry.
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