Intel Stock News

Beleaguered chipmaker Intel Corp (NASDAQ:INTC, ETR:INL) is losing half a billion dollars in government subsidies under US president Joe Biden's CHIPS and Science Act, according to a New York Times report. Intel has been the greatest benefactor of Biden's CHIPS Act, which allocated $39 billion in federal funding to enhance the US's domestic chipmaking capabilities.

Intel and the Commerce Department are close to finalizing a roughly $8 billion grant for the struggling chipmaker, according to a person familiar with the matter. The grant will support Intel's chip manufacturing expansion.

The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources.

The technology sector has been the focus of attention lately, with a special focus on the semiconductor industry and its biggest stories. Out of all the businesses centered in this space, two have commanded the most attention today, for good and bad reasons alike.

Ken Griffin of Citadel Advisors just scooped up 11 million shares of a semiconductor stock not named Nvidia.

Do traditional market patterns matter in the artificial intelligence era?

You might be surprised to know Intel actually has more of these valuable assets than Taiwan Semiconductor.

NEW YORK--(BUSINESS WIRE)--SecurityScorecard today released new cybersecurity research on Japan's escalating third-party cyber risks. In “The Third-Party Cyber Risk Landscape of Japan 2024,” SecurityScorecard STRIKE threat hunters analyzed numerous reported breaches affecting Japanese organizations over the past year, uncovering the top targets and threats impacting the nation's cyber resilienc...