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

(Reuters) – Intel 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)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

source: https://theprint.in/tech/intel-and-us-to-finalise-8-5-billion-in-chips-funding-by-year-end-ft-reports/2286333/

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