
US Eyes 10% Intel Stake via Chips Act Grants
The U.S. may convert $10.9B in Chips Act grants into a 10% equity stake in Intel, aiming to boost its foundry revival amid a leadership shake-up.
My Global News: Voices of a New Era
π Stay Ahead, Stay Global π
The U.S. may convert $10.9B in Chips Act grants into a 10% equity stake in Intel, aiming to boost its foundry revival amid a leadership shake-up.
President Biden signs legislation exempting certain semiconductor factories from federal environmental reviews, aiming to accelerate the U.S. chip industry’s growth while balancing environmental safeguards.