Intel and the Biden Administration have finalized an agreement that will see Intel receive approximately $7.86 Billion from the CHIPS and Science Act to build new semiconductor manufacturing facilities in four states. The initial award of $8.5bn was announced in March. This award is over $600m lower. The chipmaker had previously won a contract with the government worth $3B … [Read more...] about Biden Administration Approves Nearly $8B in CHIPS Act Funding for Intel
Biden administration
Biden Set to Meet with Xi This Week at Economic Summit
The White House announced on Wednesday that President Biden will meet Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation Summit in Peru on Saturday. This is the third time Biden has spoken to Xi face-to-face, but it comes before the transition of President Trump's new administration in January. An official in the administration said it was the last … [Read more...] about Biden Set to Meet with Xi This Week at Economic Summit
