CHIPS ActHIGHConfirmed
US CHIPS Act Awards $8.5B Grant to Intel for Domestic Fab Expansion
The US Department of Commerce finalized an $8.5B CHIPS Act direct grant to Intel for expansion of domestic semiconductor manufacturing, including Fab 52 and Fab 62 in Chandler, Arizona targeting Intel 18A production. Additional $11B in loans announced. [Public record]
US Department of Commerce — March 2024CONF2024-03-20
United States
IntelIntel FoundryCHIPS Act