The Biden administration is set to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans to expand chip production in four states, including Arizona, Ohio, New Mexico, and Oregon. This investment, the largest under the CHIPS Act, aims to boost semiconductor manufacturing in the US.
Intel receives $8.5 billion in CHIPS Act funding to bolster chip production in four states Intel plans to invest over $100 billion in the United States over the next five years. Read more ⬇️ https://t.co/oEOG0eQJA0
For too long, Presidents of both parties sold out Ohio workers & manufacturers to foreign competitors. Not anymore — the Intel investment from our CHIPS Act means we’re making things in America, in Ohio, again. https://t.co/njYhqstYvF
This week #Intel landed a major #CHIPSact funding grant—securing $8.5 billion in direct funding for projects at four sites. The US chipmaker also expects to get a tax credit of up to 25 percent and possibly $11 billion in loans. https://t.co/QGRn0DOkkE
President Biden’s Intel announcement this week is years in the making. With it, we’re bringing manufacturing back to America AND bringing thousands of jobs to Arizona. https://t.co/yixG86Eg0B
I’ve always stood with Ohio workers over foreign competitors. I’ve always fought for policies to help us make things in America. That’s what our CHIPS Act is all about. That’s what this investment in Intel is all about. https://t.co/43kajJR5T1
The White House said Wednesday it will provide Intel with $8.5 billion in funding through the CHIPS Act. https://t.co/AlZn2xzrML
As the election heats up, President Joe Biden doubles down on chip wars with #China. The administration announced an $8.5 billion grant to America’s largest chipmaker #Intel. https://t.co/SwtMExxwdd
The CHIPS and Science Act continues to revitalize America’s semiconductor industry. This investment will create more good-paying manufacturing jobs right here in America. https://t.co/HjsHFzLuQk
American Manufacturing! Investments in our future! Leading the way thanks to @POTUS. This work to bolster semiconductor manufacturing will: 📈 create 30,000 new jobs 👩🎓 help more students build careers ⚙️ keep us at the forefront of innovation https://t.co/KnvX6YaYXO
EpochTV: Intel Gets $8.5 Billion Grant From Chips Act https://t.co/S04qG2BzUQ
It's official — Ohio is building the technologies of the future. My CHIPS Act is continuing Ohio's long history of innovation & manufacturing for generations to come. The semiconductors that power our lives WILL be made in Ohio, by Ohio workers. https://t.co/HSObDpH58T
Building a better tomorrow starts with opportunity, and I’m so excited that Intel has secured funding from the Biden-Harris Admin under the CHIPS and Science Act. This will bring 1,700 new jobs and position New Mexico as a leader in the transition to a sustainable future! https://t.co/fy1T0vN3mN
🔊 Intel readies a $100 billion spending spree on factory building and expansion across four states. For the latest listen to the Reuters World News podcast https://t.co/WRVi4G5spi https://t.co/t6QFPJ05TZ
The CHIPS & Science Act is providing our communities with the resources needed to ensure Ohio remains the heart of America’s manufacturing industry. https://t.co/RpjmcnU78f
Intel and Biden Admin Team Up for Chip Funding https://t.co/Pai5jI6kTQ #metaverse #AI #GenerativeAI #artificialintelligence
Intel will receive the "single biggest grant" to any chip company under the CHIPS and Science Act. https://t.co/akftRI5rB0
Intel is planning a $100 billion spending spree across four U.S. states to build and expand factories after securing $19.5 billion in federal grants and loans — and it hopes to secure another $25 billion in tax breaks. https://t.co/YrsUsSdByq https://t.co/awrDSSNNuE
The White House is giving Intel $19.5 billion to boost U.S. chip production. https://t.co/MRRAL2eOrH
#ICYMI: The US government is giving #Intel $8.5bn to help the chipmaker boost domestic production of semiconductors and continue expanding its facilities across the country. https://t.co/3EImdQwV2K
President Joe Biden to announce $8.5B for Intel semiconductor manufacturing https://t.co/bO1BZmtrX0
Intel receives $8.5 billion under U.S. CHIPS Act https://t.co/5u5HT7ycvS
Intel clinched US$8.5 billion in US government grants and $11 billion in loans for its US semiconductor factory projects, media report, and plans to tap investment tax credits that cover as much as 25% of capital expenditures. The grant is the biggest yet from CHIPS Act funding,…
Thanks to my CHIPS Act, America will produce roughly 20% of the world’s leading-edge semiconductors by the end of the decade. And we're going to create tens of thousands of American jobs in the process. https://t.co/JyQh7ryAlQ
Proud to join @POTUS in Chandler today to announce an $8.5 billion investment in @Intel. This historic funding, made possible by our CHIPS Act, will solidify Arizona’s place as the semiconductor capital of the world. https://t.co/kaM99f8M8g
Today, President Biden announced a historic agreement with Intel to build and expand four semiconductor manufacturing facilities here in America – helping put us on track to manufacture 20% of the world’s leading-edge chips by the end of the decade. https://t.co/EeUtyFTw3R
The Biden administration announced Intel will receive nearly $20 billion in grants and loans in what is the largest US government investment ever to boost domestic semiconductor chip manufacturing https://t.co/tOanFD4aV3 https://t.co/LbO3wIVOni
Intel latest to get US funds for chips, more grants and loans planned https://t.co/58P6s0fUtw https://t.co/CwEcV8fHgn
The CHIPS and Science Act is working! I helped lead the effort in Congress to make this investment in American manufacturing in order to create good-paying jobs right here at home while also strengthening our supply chains. https://t.co/IixhyIf1hD
Intel Prepares For $100 Billion Spending Spree Across Four US States https://t.co/WtRdlCJtC0
WATCH: The Biden administration announced Intel will receive nearly $20 billion in grants and loans in what is the largest US government investment ever to boost domestic semiconductor chip manufacturing https://t.co/KzG1gov0kj https://t.co/Ps6ap1ZdEP
Today is a defining moment for U.S. chipmaking and innovation. @Intel & @CommerceGov have announced up to $8.5 billion in direct funding under the #CHIPSAct to fulfill our shared goal of restoring American leadership in semiconductors. With this funding, we're going to build… https://t.co/RPiYJ1i0ul
Big News: Because of President Biden’s CHIPS and Science Act, Intel will build and expand semiconductor facilities in four states. This investment will create nearly 30,000 direct jobs and support tens of thousands of indirect jobs. https://t.co/PAPzrqJMAU
President Biden announced $8.5 billion in funding for Intel's computer chip plants. WH Council of Economic Advisers Chair Jared Bernstein joins @nikolendc to discuss the impact it will have on domestic manufacturing, plus, the administration's efforts to address the economy. https://t.co/52xHOMbmKk
Biden touts Arizona as America’s ‘future’ as government invests $8.5 billion in chipmaker Intel https://t.co/Hzehcsvc4n
Today, @POTUS announced that @CommerceGov is pairing CHIPS and Science Act dollars with funding from @Intel to make one of the largest investments EVER in America’s semiconductor industry. ✅$108.5B for semiconductor facilities ✅$50M for semiconductor job training ✅30K new jobs
UPDATED WITH THE LATEST INCLUDING VIDEO: "Biden in Arizona: Why 'chips' are one of the most important projects of his presidency." (via @lauragersony and @azmoneynews) https://t.co/o03bDKRGN3
WATCH: President Biden announces $8 billion for Intel chip production during campaign stop in Arizona. https://t.co/n6xlxYDYPJ
We’re making investments in American manufacturing thanks to the CHIPS and Science Act. Oregon is already a leader in semiconductor manufacturing, and this boost will take us to the next level, while creating good-paying jobs—a win-win! https://t.co/tqwC5PxwLf
Biden touts Arizona as America's 'future' as government invests $8.5 billion in chipmaker Intel. https://t.co/ikrNPHx9su
Biden announces $8.5 billion for Intel's semiconductor efforts on Arizona trip My latest, featuring a quick Air Force One tarmac interview with @gregstantonaz: https://t.co/gCowI94fp6
Biden unveils almost $20 bn for Intel to boost US chip production https://t.co/RaZNZKiwS5
⚠️ FACTBOX-INTEL LATEST TO GET US FUNDS FOR CHIPS, MORE GRANTS AND LOANS PLANNED Full Story → https://t.co/tUSMIApmTE Intel Corp on Wednesday was the latest semiconductor company to be awarded billions of dollars in grants and loans from the U.S. government in President Joe…
The CHIPS Act is paying off BIG TIME for Ohio. We’re talking: 🦺 Thousands of new union jobs 🌇 Major economic development in Licking County 🇺🇸 Bringing supply chains home It's all happening because we came together across party lines to invest in Ohio manufacturing.
Intel has been awarded up to $8.5 billion in CHIPS Act funding. @jonfortt sits down with CEO Pat Gelsinger. https://t.co/2VNeoPTZbZ https://t.co/VOwSoPWPKX
Intel stands to receive up to $8.5 billion in federal funding for commercial chip and semiconductor packaging projects in Arizona, New Mexico, Ohio and Oregon—in one of the largest public-private investments ever made in the U.S. semiconductor industry. https://t.co/4He0Edhafd
President Joe Biden said his nearly $20 billion award to Intel demonstrated his investments in US industries that had withered under Donald Trump’s tenure, @Jordanfabian & @justinsink write https://t.co/xNM0cIPVRC
President Joe Biden said his $20 billion award to Intel demonstrated his investments in US industries that had withered under Donald Trump’s tenure. https://t.co/0C6M2ESZrm
In Arizona, Biden drops $8.5B on Intel. Will it help his campaign? https://t.co/gHI2FwlbIS
Intel granted nearly $20-billion to boost U.S. chip output https://t.co/46FblIHT3N
MAJOR NEWS: Thanks to my CHIPS & Science Law, this funding agreement alongside private investment from @Intel will go to build and expand semiconductor facilities in AZ, OH, NM, and OR and create thousands and thousands of good-paying jobs! We’re investing in America! https://t.co/ZCmRjA6zQ4
Intel awarded $8.5B in CHIPS Act grants https://t.co/eXxtUnlrQU
What does President Biden’s announcement at Intel today mean for Arizona? Jobs. https://t.co/zDe1FZ1cyc
Intel wins $19.5B in CHIPS Act funding and loans for fab network expansion https://t.co/Hj7rH8zBg3
CHIPS Act monies for @intel: 💵 $8.5 billion direct funding 💰 Up to $11 billion in federal loans 📈 Tax credits on 25% of $100b qualified investments over 5 yr It's going towards: 🍟Arizona, Manufacturing 🍟New Mexico, Packaging 🍟Ohio, Manufacturing 🍟Oregon, Manu+R&D
The Biden administration said that Intel will receive nearly $20 billion in grants and loans, supercharging the company's domestic semiconductor chip output and marking the government's largest outlay to subsidize leading-edge chip production https://t.co/tOanFD3D5v https://t.co/rxtTRF2eLe
WATCH: The Biden administration said that Intel will receive nearly $20 billion in grants and loans, supercharging the company's domestic semiconductor chip output and marking the government's largest outlay to subsidize leading-edge chip production https://t.co/KzG1gousuL https://t.co/0KqahSCaqn
President Biden Remarks in Phoenix on CHIPS and Science Act Grants – LIVE online here: https://t.co/ABVLR7yfiv
Biden's $8.5 billion handout to Intel means taxpayers will pony up more than $283,000 per job. https://t.co/3TtCRWxgdJ
WATCH LIVE: Biden announces $8 billion for Intel chip production during campaign stop in Arizona https://t.co/Aj9YAueCAi
WATCH LIVE: President Biden is making a speech at Intel’s Ocotillo campus in Chandler. He is touting the government's investment in Intel's computer chip plants in Arizona and other states. https://t.co/8ZTZhH7aru
Watch LIVE: President Biden joins Gov. Hobbs for "major announcement" at Intel plant in Chandler https://t.co/pxArxAVxkn
President Biden is speaking at Intel’s Chandler plant, where he's expected to present a grant for chip manufacturing as part of a campaign visit. https://t.co/BcYfJYq59k
The United States is so back when it comes to semiconductor manufacturing. This historic investment by @POTUS thanks to the #CHIPSAct will create thousands of good-paying jobs and solidify a build America, buy America economy 🇺🇸💪 https://t.co/63XV48JuuM
Thanks to years of hard work, there’s nowhere better equipped to manufacture the semiconductors that'll power our future than Arizona. That's why I championed the CHIPS and Science Act in the House, and fought for projects like @Intel in Chandler. That's why today is possible. https://t.co/uPiXOA6t4o
Intel awarded $8.5 billion in funding for building chipmaking fabs - CHIPS Act funding to boost US semiconductor manufacturing https://t.co/Ls9QBi9rkl #intel #semiconductor $intc https://t.co/pMISra283O
US Microchip industry kick started as @intel receives $8,5b grant from US government in first action from the CHIPS Act passed recently - chip manufacturing plants to be built in 4 US states. https://t.co/McWjG67472
.@Intel has unveiled plans for a $100 billion spending spree across four U.S. states Aims to transform vacant fields near Columbus, Ohio, into what @PGelsinger describes as the largest #AI chip manufacturing site in the world by as early as 2027 https://t.co/7rY0nTVfSY
The future of Ohio manufacturing looks bright. The new federal investment in @Intel we secured today will make Licking County the semiconductor capital of the world. https://t.co/NuZevCTkFu
“Amazing. I'll be darned," Biden says during a tour of an Intel semiconductor plant in Arizona. "Well you’re bringing the future back to America." https://t.co/5zgyWcrOJc
BREAKING: Reuters reports that Intel is preparing a '$100-billion spending spree across four U.S. states', including building the 'largest AI chip manufacturing site in the world' near Columbus, Ohio.
Today I'm in Chandler to announce the largest award under our CHIPS Act—$8.5 billion—is coming to @Intel. This investment is going to create 9,000+ good-paying jobs at Intel's Arizona fabs, and even more at Intel's suppliers across the state. More ⬇️ https://t.co/qs2zO9kKNf
.@CommerceGov's decision to invest in semiconductor R&D at @intel will ensure Oregon remains at the forefront of advanced manufacturing and technological development. I was glad to join the delegation to advocate for this funding, which will create thousands of good-paying jobs!
Today I'm in Chandler to announce the largest award under our CHIPS Act—$8.5 billion—is going to @Intel. This investment is going to create more than 9,000 good-paying jobs at Intel's FABs, and even more at their suppliers across their state. More ⬇️ https://t.co/qs2zO9kKNf
As a result of the CHIPS and Science Act - one of many action driven & enacted by @POTUS - the US is focusing on expanding the industries that will contribute to the future and buttress national security. Congratulations to recipient @intel ! https://t.co/cpWf1hL5Kr
Phoenix @MayorGallego among those speaking ahead of President Biden’s announcement of the $8.5 billion grant for Intel as part of the domestic semiconductor investments from the 2022 CHIPS and Sciences Act. Two new Intel plants under construction here. https://t.co/LjAcG1lUzx https://t.co/U7GAYcdJ9b
BIG NEWS: @Intel just got $8.5 billion from the CHIPS Act—unlocking $100 billion in investments across the US, including in Oregon! This will bring more good-paying jobs to Washington County and ensure that Oregon continues to lead the world in chipmaking for decades to come. https://t.co/BwfyEI82T8
US pumps billions into Intel to boost domestic chip industry https://t.co/i0H3an1Kwz
🚨 Big news, Arizona! Today, we are getting the largest investment EVER from our CHIPS Act - creating thousands of good-paying Arizona jobs and cementing our state's role as a leader in microchip manufacturing and cutting-edge technology. https://t.co/Wx1OInlQjv https://t.co/LF6PqjD1v2
🚨Dept. of Commerce announces new CHIPS and Science Act funding, which I voted for in Congress, for Ohio. This critical investment will bolster American manufacturing, secure our supply chain, and create jobs across Ohio. https://t.co/uNoJ360JdZ
KTAR News reporter @heidi_hommel is in Chandler awaiting to hear comments from @POTUS on an $8.5-billion investment for @Intel. President Biden is expected to speak at 11:45 a.m. Stay tuned for the latest. https://t.co/arK8pp9yeI
The Biden administration announced a groundbreaking investment in Intel, awarding the tech giant nearly $20 billion in grants and loans. This strategic move is set to supercharge the domestic production of #semiconductor chips, marking the government's largest effort yet to… https://t.co/mEstW6by7k
The US just awarded Intel $8.5B in new grants. We have seen Intel ramping up their lobbying spending recently, here's a screenshot from Quiver: https://t.co/7l7hj5A1gm
When we invest in CHIPS, we not only re-establish our leadership in semiconductor manufacturing, but we also create thousands of jobs and strengthen our supply chains and national security. I'm thrilled to see this monumental investment announced by @POTUS & @CommerceGov today. https://t.co/V5jf6XBqJk
Today’s $8.5 bln. for @Intel from @POTUS & @CommerceGov, via the CHIPS and Science Act, is a generational win for Ohio. So proud to have advanced CHIPS in the House. The funding’s potential goes beyond manufacturing with new opportunities in education, workforce, and business.
💻 Intel’s New Mexican workforce is leading the world in advanced chip manufacturing and building our enchanted innovation economy. 💵 Thanks to the Chips & Science act, @CommerceGov just announced $8.5B for @intel projects across the country—including their Rio Rancho facility. https://t.co/5fjdZmNX2C https://t.co/7oIi455i6O
Intel gets US$19.5 billion from Washington to build and improve chip factories https://t.co/yHsfyDZhZb
Intel Awarded Up To $8.5 Billion in CHIPS Act Grants, With Billions More in Loans Available https://t.co/C2PQM1Vz9z
Since I took office, companies have announced over $240 billion in investments to bring chip manufacturing back home. That's the CHIPS Act working. And today, we’ll announce a preliminary agreement with Intel for up to $8.5 billion in CHIPS funding, mobilizing $100 billion.
FOLLOW ALONG WITH OUR LIVEBLOG: "Joe Biden visits Arizona: President to announce billions in grants to Intel Corp." (via @azcentral) https://t.co/QGdzHcpIPL
Intel to Get $23 Billion in Government Grants & Loans Plus $25 Bn Investment Tax Credits, to Invest $100 Bn in the US, after Wasting $94 Bn on Share Buybacks Massive handouts to the richest companies to put semiconductor production on US soil https://t.co/IJEfgwYhqw https://t.co/0ETPoQI3gq
Intel is making a huge investment in US chip production with help from the federal government • Total cost: $100 billion • Grants & loans: $20 billion They plan to make major factory expansions in Arizona and Ohio while renovating facilities in New Mexico and Oregon
Intel receiving whopping $20B from Biden to boost US chip output and reduce reliance on China, Taiwan https://t.co/Xn2PPwHzXl https://t.co/ouJLi2KpqF
FOLLOW ALONG WITH OUT LIVEBLOG: "Joe Biden visits Arizona: President to announce billions in grants to Intel Corp." (via @azcentral) https://t.co/QGdzHcpIPL
NEW: "Biden in Arizona: Why 'chips' are one of the most important projects of his presidency." (via @lauragersony) https://t.co/o03bDKR8Xv
NEW: "President Joe Biden to announce $8.5B for Intel semiconductor manufacturing." (via @azmoneynews) https://t.co/sPicNgtNi6
Intel set to receive $8.5 billion in grants, $11 billion in loans, and $25 billion in tax rebates on a $100 billion spending plan to build semi-conductor plants in the United States. @KristinaParts joins us with the latest on the deal and what it means for $INTC and America. https://t.co/qwW55HVj2N
Intel awarded $20 billion by US government, advanced CPUs incoming https://t.co/rbhk2Ircrn #Intel #CPU https://t.co/Afbcg5LO1L
Intel to receive $8.5bn in US funding for high-end chip manufacturing #DisruptiveTech https://t.co/1gckKtWnzg
The US has announced an $8.5 billion preliminary agreement with Intel, the largest CHIPS investment yet. The investment will create nearly 30,000 jobs and expand their semiconductor capacity across the country.
The Biden administration is awarding $20 billion in grants and loans to Intel to boost semiconductor production in 4 states: Arizona, Ohio, New Mexico and Oregon. https://t.co/VE7RLaNb3Y
Intel clinches $19.5-billion in grants, loans from Biden administration to boost U.S. chip output https://t.co/HIhYOkMw6x
U.S. Department of Commerce Proposes up to $8.5 Billion in Potential Direct Funding for @Intel Under President Biden’s Investing in America Agenda to Support Multiple Projects in Arizona, New Mexico, Ohio, and Oregon. https://t.co/zSNY73WEoF https://t.co/B3ebzZbCCC
Ohio workers are the best in the world. There’s no state better equipped to manufacture the chips of the future than our own. That’s why we wrote the CHIPS Act. That’s why we fought for major projects like @Intel Ohio. That's why today is possible. https://t.co/yqlthnMajD
I was proud to vote for the CHIPS and Science Act to empower @POTUS to invest in critical technologies. This investment will make us more secure and create good-paying jobs around America. https://t.co/xQMkmi0MoK
HUGE news, Arizona: thanks to our leadership on the CHIPS and Science law, Intel will receive a $8.5 billion investment to construct more microchip manufacturing facilities in Arizona and across America. https://t.co/tdBVmWYRBB
The Commerce Dept. will provide $8.5B under the CHIPS Act to Intel to bolster the semiconductor manufacturing supply chain in several states. Intel says it will invest up to $100B over the next five years to construct and expand capacity in those states. https://t.co/OehG7lStxV
#Intel is planning a $100 billion spending spree across four #US states to build and expand factories after securing $19.5 billion in federal grants and loans -and it hopes to secure another $25 billion in tax breaks. https://t.co/nrLawYD8gT
I fought for the CHIPS & Science Act because I knew it would have a transformative impact. Now it’s funding an expansion at @Intel’s Rio Rancho facility that supports 700 manufacturing jobs & 1,000 construction jobs. https://t.co/tp3530oK0n
Here we go with a CHIPS act update. @intel set to receive $8.5 Billion in the largest investment yet from the $52 Billion legislation from 2022. With resilience and manufacturing key to the act, it’s good to see Intel receiving significant funding. $INTC https://t.co/8sNhzPPh3c
I fought for the CHIPS & Science Act becauseI knew it would have a transformative impact. Now it’s funding an expansion at @Intel’s Rio Rancho facility that supports 700 manufacturing jobs & 1,000 construction jobs. https://t.co/tp3530oK0n
Intel secures close to $20 billion in government semiconductor funding https://t.co/4jOpKM9jrB
Big news: Today, we’re announcing an $8.5 billion preliminary agreement with @Intel — the largest CHIPS investment yet. The investment will create nearly 30,000 jobs and expand their semiconductor capacity across the country. https://t.co/z0fs3oMylN
Biden touts government investing $8.5 billion in Intel’s computer chip plants in Arizona, 3 other states https://t.co/euGxRnkxTg
President Joe Biden will tout a new multibillion-dollar semiconductor industry investment when he visits Intel's campus in Chandler on Wednesday. https://t.co/zEhU4aKKYY
Biden to tout $8.5 billion investment in Intel computer chips at Chandler plant https://t.co/MQJoz4Gr60 https://t.co/mAENdHI2s7
Joe Biden visits Arizona: President to announce billions in grants to Intel Corp. https://t.co/gvsyC3AUOx
Intel gets almost $20 billion in grants and loans to help build chip infrastructure Intel $INTC Receives $8.5B Grant to Help Build Chip Plants in 4 States, $11 billion in loans
Thanks to @POTUS and Democrats' passage of the CHIPS and Science Act, Arizona has been propelled forward as a chip manufacturing leader. I'm proud to support this investment to expand @Intel's operations in AZ, provide new jobs, and boost our economy. https://t.co/BX7unJyHgk
Intel wins $19.5 billion in CHIPS Act funding as "historic" semiconductor spending spree heats up. https://t.co/SVqRl3uwnI
Today, Intel and @CommerceGov announced up to $8.5 billion in direct funding through the #CHIPSAct to support the expansion of our U.S. capacity and capabilities. U.S. chip leadership #StartsWithIntel. https://t.co/MhJ58ikF0G https://t.co/aIEI70hu37
Biden to Inject Nearly $20B into Intel’s US Chip Plan https://t.co/Kr4oKuYOvm
🇺🇸 BIDEN GIVES BILLIONS TO INTEL FOR CHIP MANUFACTURING PLANTS Biden admin has secured nearly $20 billion in grants and loans for Intel, earmarked for developing semiconductor plants in Ohio, Arizona, Oregon, and New Mexico under the 2022 Chips and Science Act. Intel plans… https://t.co/IfVhzMoaoy
The Biden administration is awarding up to $8.5 billion in grants and $11 billion in loans to tech giant Intel to support computer-chip production in several states. https://t.co/u3wy3PQstt
JUST IN @POTUS announces preliminary deal for $20B in grants & loans to @intel for chips plants in AZ & 3 other states. Projected 3,000 new manu jobs in AZ, per @SenMarkKelly & @SenatorSinema. Biden speaks at Intel this morning.
Huge news for Arizona: the largest award from the CHIPS Act is going to Intel. This is the biggest step we’ve taken to bring microchip manufacturing back to America, and it’s going to bring thousands of jobs to Arizona with it. https://t.co/0dA3oGdCJ1
$INTC (+2.6% pre) Intel is being granted $8.5 billion by the U.S. Department of Commerce to power new AI infrastructure “Today is a defining moment for the U.S. and Intel as we work to power the next great chapter of American semiconductor innovation” - CEO Pat Gelsinger https://t.co/nlLW7pNTzs
The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon. https://t.co/ikqvh7SJZd
Biden administration awards $8.5 billion for computer-chip manufacturing. Massive grant for Intel will support factory construction in Arizona, Ohio, New Mexico and Oregon. Award is the largest yet from legislation aiming to re-shore manufacturing. https://t.co/Gh50qxbeVi
JUST IN : INTEL WINS $20 BILLION DOLLARS IN CHIPS ACT INCENTIVES FOR US PLANTS $INTC
Intel $INTC is set to receive $8.5 billion in grants and up to $11 billion in loans to help expand its chip production in the US, at its large-scale plants in Ohio and Arizona and smaller plants in Oregon and New Mexico. $TSM $AMD $NVDA
President Biden announces a major semiconductor deal with Intel to invest in four states, becoming the latest major investment through the bipartisan CHIPS and Science Act. https://t.co/VTjmOM34PY https://t.co/EHzA0B1q2k
Intel will receive up to $8.5 billion in grants and $11 billion in loans from the U.S. government to produce cutting-edge semiconductors in the biggest deployment of funds under the CHIPS and Science Act. https://t.co/fDJCTPa8US
Intel gets $20 billion in US grants, loans for Chip plants https://t.co/hdmYXaAyr4
The Biden administration has agreed to give nearly $20 billion in grants and loans to Intel to advance leading-edge semiconductor manufacturing across four states — the largest investment through the 2022 bipartisan CHIPS and Science Act. https://t.co/bCw3b9YErp
The U.S. government is granting Intel up to $8.5 billion to help fund new chip plants, the largest award yet in an effort to revive American chip-making overseen by the Biden administration https://t.co/I8SOKPqFc9 via @WSJ
Intel prepares for $100 billion spending spree across four US states https://t.co/iQutIiGCQR https://t.co/pvvEygIPEs
A new era for Ohio manufacturing begins today. Ohio workers can make & build anything right here — that’s why we’re investing in @intel to create the technologies of the future. https://t.co/fL0XEFv0Vx
Biden Plans to Give Intel $8.5 Billion to Build More US Chip Factories https://t.co/QlXzwXBQaA
$INTC (+3.5% pre) Intel awarded nearly $20B in grants, loans by US to boost chip production - SA https://t.co/1kISxnkPEX
Biden to Announce Multibillion-Dollar Grant for Intel to Expand Chip Production https://t.co/2Dsyx1ca0K
Intel to get up to $8.5 billion in Chips Act funding https://t.co/9SVvp06lAY
Intel lines up $8.5 billion in Chips Act funding, sending its stock higher https://t.co/eoUOEWkKbY
Biden to tout government investing $8.5 billion in Intel's computer chip plants in four states https://t.co/7TGRCbstdF