Intel Awarded Up to $8.5 Billion in CHIPS Act Grants for Facilities in 4 States
Intel will reportedly be awarded as much as $8.5 billion in federal grants related to the CHIPS Act, with up to $11 billion more in potential loans available. The funds are expected to be used for manufacturing and research facilities in Arizona, New Mexico, Ohio, and Oregon.
![SAN FRANCISCO, CA - JUNE 26: In this handout photo provided by Intel, Tom Kilroy, vice pre](https://media.breitbart.com/media/2023/07/computer-chip-intel-company-filephoto06-getty-420x315.jpg)