Arizona

Microchip Technology plans to close a plant in Tempe, Arizona, in the September 2025 quarter, affecting about 500 employees, and lowers its Q3 revenue forecast

Zaheer Kachwala / Reuters :

The US awards Intel $8.5B in CHIPS Act funding and $11B in loans to expand in Arizona, Ohio, New Mexico, and Oregon; Intel plans to spend $100B over five years

Preliminary agreement under US Chips Act also includes $11bn loan as company expands capacity in Arizona and other states

The White House awards $162M in federal grants to Arizona-based Microchip Technology to expand its Oregon and Colorado facilities, the second CHIPS Act award

The Biden administration said its second grant under a new program would help Microchip Technology expand its facilities in Oregon and Colorado.

Brookfield's $15B commitment to help finance Intel's Arizona complex may drive private equity firms' infrastructure funds to reassert US chip competitiveness

Apple signs a multiyear NFL deal to have Apple Music replace Pepsi as the main sponsor for the Super Bowl halftime show; sources say the NFL was seeking ~$50M

Or Won't—Perform At The Super Bowl Halftime Show Marketing Dive : Apple Music to sponsor Super Bowl Halftime Show as services take spotlight Sissi Cao / Observer : Apple Will Be the New Title Sponsor ...

LexisNexis Risk Solutions, part of RELX, agrees to buy Arizona-based Emailage, which uses machine learning to help clients detect fraud; source says for ~$480M

Relx is to buy Arizona-based Emailage for about $480m, as the UK-listed information and analytic group deepens its push into the fraud prevention sector.

Apple plans to invest $2B in GT Advanced Arizona plant to convert it into a data center

Tim Higgins / Bloomberg Business :