Intel's US govt subsidies linked to holding major stake in chipmaking arm

Intel Corp (NASDAQ:INTC, ETR:INL) revealed that its near-$8 billion in US government subsidies come with restrictions on its ability to sell down its share of its chipmaking division following a sp...

Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit

Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity.

Intel Is Steering The Ship To Profitability (Rating Upgrade)

Intel Corporation faced a challenging quarter with a -6% top-line decline and significant impairments, but management is positioning for growth and profitability by eFY25. The restructuring plan in...

Qualcomm's Interest in an Intel Takeover Is Said to Cool

Qualcomm's interest in pursuing an acquisition of Intel has reportedly cooled as the complexities associated with acquiring all of Intel has made a deal less attractive to Qualcomm. Tom Mackenzie r...

Qualcomm reportedly binning Intel takeover talks

Qualcomm Inc (NASDAQ:QCOM, ETR:QCI).'s interest in acquiring Intel Corp (NASDAQ:INTC, ETR:INL).

Intel Secures $7.9 Billion US Chips Award for Factories

The Biden administration has finalized a deal giving Intel nearly $7.9 billion in federal grants from a program to boost domestic semiconductor manufacturing. Tom Mackenzie reports on Bloomberg Tel...

US finalizes $7.86 billion chips manufacturing award for Intel

The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for Intel , down from $8.5 billion announced in March after the California-based chips maker won a sep...

Biden Cuts Intel's Chip Award

The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.

Qualcomm's interest in buying rival Intel is reportedly fading

Semiconductor maker Qualcomm Inc.'s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.

Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports

Qualcomm's interest in acquiring chipmaker Intel is said to have cooled, Bloomberg News reported on Monday, citing people familiar with the matter.

Intel's CHIPS Act grant reduced by roughly $500 million

CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.

Intel expects reduced U.S. grant after winning defense contract

Intel expects a small reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker, according to a person familiar with the matter.

Why Intel Stock Popped on Monday

Intel (INTC 3.25%) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S. Commerce Department is close to awarding Intel an $8 billion subsidy to assis...

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

Intel and the Commerce Department are close to finalizing a roughly $8 billion grant for the struggling chipmaker, according to a person familiar with the matter. The grant will support Intel's chi...

US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times

The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources.


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