U.S. finalizes $11 billion for Intel as time runs out on Biden’s chip plan
- Posted on November 26, 2024
- By Washington Post
- 2 Views
U.S. finalizes $11 billion for Intel as time runs out on Biden’s chip plan
Troubled chipmaker Intel, which announced huge layoffs in August, will receive $11 billion under the Chips Act, in an attempt to cut U.S. dependence on imports.
