Tag: Pat Gelsinger
Intel and administration announce up to $8.5 billion under CHIPS, Science Act
March 21, 2024SSN Staff
SANTA CLARA, Calif., & WASHINGTON, D.C. – The Biden-Harris Administration announced that Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.
CHIPS Act funding aims to increase U.S. semiconductor manufacturing and research and development capabilities, especially in leading-edge semiconductors. The proposed funding would...
Intel to bring its most advanced semiconductor manufacturing plants to Ohio
February 8, 2022SSN Staff
LICKING COUNTY, Ohio—Leading global semiconductor manufacturer Intel Corp. recently announced it has chosen a site in central Ohio's Licking County as the future home for its most advanced semiconductor manufacturing facilities in the world.
Intel plans to invest more than $20 billion to build two state-of-the-art factories by 2025, designed for what the company calls the "Angstrom era" - with materials processed on the atomic level - and with support for...