Nov. 24, 2024 The Biden administration plans to reduce Intel’s preliminary $8.5 billion federal CHIPS grant, a move that follows the California-based company’s investment delays and broader ...

An icon in the shape of a lightning bolt. Impact Link In 2022, Nvidia spent $90,000 on lobbying in Washington. In 2023, that number quintupled to more than $500,000. While Big Tech companies have ...

Intel scrapped $500 million Gaudi chip sales forecast for 2024 CEO attributes slower uptake to software, chip transition Analysts question Intel's AI strategy, competitive position Nov 1 (Reuters ...

Intel's upbeat revenue projections on Thursday masked a sore point for the embattled company: chips touted for artificial intelligence have not lived up to sales expectations. The chipmaker ...

Investing.com-- Intel is set to receive a smaller grant under the CHIPs Act, The New York Times reported on Sunday, as the chipmaker grapples with delays in planned investments amid heightened ...

Nov 24 (Reuters) - The U.S. government plans to reduce Intel Corp's (INTC.O), opens new tab preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on ...

Intel CEO Pat Gelsinger addressed an employee-submitted question about whether the upcoming US election would affect Intel's CHIPS and Science Act funding at an all-hands meeting on Friday.

(Reuters) - The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources.

The fact that AMD in the past quarter managed to unleash new data center AI chips sales opportunities equal to the full-year revenue goal that Intel now expects to miss is yet another reflection ...

Intel's (INTC, Financial) CEO Pat Gelsinger has lashed out over the slow disbursement of the expected funding from the U.S. CHIPS and Science Act, although the firm has committed $30 billion in ...

Intel Corp. will manufacture most of the components in its next-generation personal computer chips internally, Chief Executive Officer Pat Gelsinger has revealed. Gelsinger detailed the plan ...