Difference between revisions of "Intel Latest To Get US Funds For Chips More Grants And Loans Planned"
m |
m |
||
| Line 1: | Line 1: | ||
| − | WASHINGTON, March 20 (Reuters) - Intel Corp on Wednesday was the latest semiconductor company to be awarded billions of dollars in grants and [http://loanstoonline.com online payday loans no credit check] from the U.S. government in President Joe Biden's effort to supercharge domestic chip output.<br><br>Below is a list of the awards made so far and those expected in the weeks and months ahead.<br><br>INTEL<br><br>The Biden administration said it has inked a preliminary agreement with Intel for $8.5 billion in grants and up to $11 billion in [http://loanstoonline.com online payday loans no credit check] for plants and upgrades to manufacturing sites in Arizona, Ohio, Oregon and New Mexico.<br><br>GLOBALFOUNDRIES<br><br>In February, the Biden administration awarded $1. | + | WASHINGTON, March 20 (Reuters) - Intel Corp on Wednesday was the latest semiconductor company to be awarded billions of dollars in grants and [http://loanstoonline.com online payday loans no credit check] from the U.S. government in President Joe Biden's effort to supercharge domestic chip output.<br><br>Below is a list of the awards made so far and those expected in the weeks and months ahead.<br><br>INTEL<br><br>The Biden administration said it has inked a preliminary agreement with Intel for $8.5 billion in grants and up to $11 billion in [http://loanstoonline.com online payday loans no credit check] for plants and upgrades to manufacturing sites in Arizona, Ohio, Oregon and New Mexico.<br><br>GLOBALFOUNDRIES<br><br>In February, the Biden administration awarded $1.5 billion to GlobalFoundries, the world's third-largest contract chipmaker, to build a semiconductor production facility in Malta, New York, and expand existing operations there and in Burlington, Vermont.<br><br>MICROCHIP TECHNOLOGY<br><br>In January, Commerce announced Microchip Technology would get $162 million in government grants, allowing the company to triple production of mature-node semiconductor chips and microcontroller units at two U.S. factories.<br><br>BAE<br><br>The U.S. Commerce Department in December said it planned to award $35 million to BAE Systems to quadruple production in New Hampshire for key semiconductor chips used in F-35 fighter jets and commercial satellites.<br><br>FUTURE AWARDS<br><br>Awards for [http://loanstoonline.com payday online loans] South Korea's Samsung and Taiwan's Taiwan Semiconductor Manufacturing Co and are expected in the coming weeks and months. (Reporting by Chris Sanders; Editing by David Gregorio)<br><br>In the event you loved this information and you want to receive more details with regards to [http://loanstoonline.com bad credit loans guaranteed approval] assure visit our web site. |
Latest revision as of 11:24, 18 April 2024
WASHINGTON, March 20 (Reuters) - Intel Corp on Wednesday was the latest semiconductor company to be awarded billions of dollars in grants and online payday loans no credit check from the U.S. government in President Joe Biden's effort to supercharge domestic chip output.
Below is a list of the awards made so far and those expected in the weeks and months ahead.
INTEL
The Biden administration said it has inked a preliminary agreement with Intel for $8.5 billion in grants and up to $11 billion in online payday loans no credit check for plants and upgrades to manufacturing sites in Arizona, Ohio, Oregon and New Mexico.
GLOBALFOUNDRIES
In February, the Biden administration awarded $1.5 billion to GlobalFoundries, the world's third-largest contract chipmaker, to build a semiconductor production facility in Malta, New York, and expand existing operations there and in Burlington, Vermont.
MICROCHIP TECHNOLOGY
In January, Commerce announced Microchip Technology would get $162 million in government grants, allowing the company to triple production of mature-node semiconductor chips and microcontroller units at two U.S. factories.
BAE
The U.S. Commerce Department in December said it planned to award $35 million to BAE Systems to quadruple production in New Hampshire for key semiconductor chips used in F-35 fighter jets and commercial satellites.
FUTURE AWARDS
Awards for payday online loans South Korea's Samsung and Taiwan's Taiwan Semiconductor Manufacturing Co and are expected in the coming weeks and months. (Reporting by Chris Sanders; Editing by David Gregorio)
In the event you loved this information and you want to receive more details with regards to bad credit loans guaranteed approval assure visit our web site.
