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Intel and US to finalise $8.5 bln in chips funding by year-end: Report

By Economic Times - 2 months ago
Intel and the U.S. government are close to finalizing $8.5 billion in direct funding for the chipmaker, expected by year-end. This funding is part of a larger $20 billion package to boost domestic semiconductor production, including new factories in Arizona. Qualcomm has shown interest in acquiring Intel.

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