Intel and US to finalise $8.5 bln in chips funding by year-end, FT reports-December 2024-www.financetom.com

Intel and US to finalise $8.5 bln in chips funding by year-end, FT reports

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Intel and US to finalise $8.5 bln in chips funding by year-end, FT reports

Oct 2, 2024 11:51 PM

Sept 27 (Reuters) - Intel ( INTC ) and the U.S.

government are on track to finalise $8.5 billion in direct

funding for the chipmaker before the end of the year, the

Financial Times reported on Friday, citing people familiar with

the discussions.

(Reporting by Rhea Rose Abraham in Bengaluru)

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