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Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing

The U.S. Department of Commerce confirmed on Tuesday it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The funding will go toward manufacture and advanced packaging (techniques to assemble and integrate […] © 2024 TechCrunch. All rights reserved. For personal use only.

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