Intel Corporation (INTC)
Intel gets up to $3 bln from US for national security related chip production
The Biden Administration on Monday awarded Intel Corp. up to $3 billion from the CHIPS and Science Act to develop a "Secure Enclave" for microelectronics, which are a critical component to a wide range of weapon systems and other national security products.
Intel Stock Rises After a Report of a $3.5B Pentagon Chip Deal
Shares of Intel (INTC) advanced Monday, aided by a report that the semiconductor maker received a multibillion-dollar award from the Pentagon to make chips for the U.S. military.
Why Intel Stock Is Gaining Today
Intel is reportedly on track to receive a new $3.5 billion grant through the Pentagon for advanced chip fabrication. The report also bodes well for funding already outlined through the CHIPS Act.
This Is Why I Remain Bullish on Intel (No, It's Not Because of AI)
It might be time to be greedy when others are fearful.
Intel Stock Moves Higher on Billion-Dollar Federal Grant
Intel Corp (NASDAQ:INTC) stock was last seen up 3.8% at $20.40, after Bloomberg reported the chip name qualified for $3.5 billion in federal grants to produce chips for the Pentagon.
Intel Stock Gains. The Chip Maker Is Set to Get Military Funding: Report
Intel's reported grant to make chips for the Pentagon could be a vote of confidence in the chip maker from the U.S. government.
Exclusive: How Intel lost the Sony PlayStation business
Intel lost out on a contract to design and fabricate Sony's PlayStation 6 chip in 2022, which dealt a significant blow to its effort to build its fledgling contract manufacturing business, according to three sources with knowledge of the events.
Intel qualifies for $3.5 billion in grants to make chips for US military, Bloomberg News reports
Intel Corp has officially qualified for as much as $3.5 billion in federal grants to make semiconductors for the U.S Department of Defense, Bloomberg News reported on Friday, citing people familiar with the matter, after the chipmaker reached a binding agreement with U.S officials.
For Intel's Stock, It's Been 'One Disaster After Another'
Intel's (INTC) stock, once a tech darling, has fallen on hard times.
Poland's Intel plant gets EU green light for $1.9 bln in state support
The European Commission has given Poland a green light to support an Intel chip plant with more than 7.4 billion zlotys ($1.91 billion) in state aid, deputy prime minister and digital affairs minister said on Friday.
Intel (INTC) Stock Slides as Market Rises: Facts to Know Before You Trade
In the latest trading session, Intel (INTC) closed at $19.36, marking a -1.43% move from the previous day.
