2025-08-23
Wall Street Journal
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The US government takes a 10% stake in Intel; Howard Lutnick said earlier the US won't be on the board or play a role in Intel's governance; INTC closes up 5%+
Conversion of Chips Act grants to equity will likely be followed by other moves to help troubled chip maker, analysts say
2024-08-17
Bloomberg
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The Biden administration approves $1.6B in CHIPS Act grants and $3B in loans for Texas Instruments, to help pay for one chip factory in Utah and two in Texas
Mackenzie Hawkins / Bloomberg :
2024-08-16
Bloomberg
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The Biden administration approves $1.6B in Chips Act grants and $3B in loans for Texas Instruments, to help pay for one chip factory in Utah and two in Texas
- Funding will support $18 billion in spending in Texas, Utah — Biden administration almost finished allocating chips grants
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