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US considering more than $10 billion in subsidies for Intel, Bloomberg reports (www.reuters.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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US considering more than $10 billion in subsidies for Intel, Bloomberg reports::The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp , Bloomberg News reported on Friday, citing people familiar with the matter.

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[–] sharkfucker420@lemmy.ml 37 points 9 months ago (1 children)

Isn't Intel about to make a $25 billion chip factory in Israel?

[–] streetfestival@lemmy.ca 19 points 9 months ago

Yup. https://www.reuters.com/technology/intel-get-32-billion-government-grant-new-25-billion-israel-chip-plant-2023-12-26/