Biden Cuts Intel’s Chip Award by More Than $600 Million

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. Computer Chips, United States Politics and Government, Computers and the Internet, Government Contracts and Procurement, Commerce Department, Intel Corporation, Raimondo, Gina M 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. NYT > Business

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