Intel in talks to receive over $10B in Chips Act incentives from Biden admin – report

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Intel (NASDAQ:INTC) is in discussions with the Biden administration to be awarded more than $10 billion in subsidies for building semiconductors.

The award package is likely to include both loans and direct grants, according to a Bloomberg report on Friday, which

10BActAdminBidenchipsincentivesIntelReceiveReporttalks
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