Name: Intel funding from CHIPS Act cut
Channel: TEGNA

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Intel funding from CHIPS Act cut

Clip ID 2430951

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Description

The company learned that it would get $500 million less in federal funds than expected, with its stock price down by 60% over the last five years — but it's possible that getting the money now, even if it's less than expected, could still be good news. Read the full story here: https://www.kgw.com/article/news/local/technology/intels-windfall-chips-act-biden-sees-cuts/283-9241eac7-03f5-499d-a84e-7641ef01408d Subscribe: https://www.youtube.com/c/KGWNews8 Watch the latest KGW newscast: https://www.kgw.com/watch Get the KGW app: https://kgw.com/appredirect

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KGW

Keywords

technology business local news chips act business news chips act intel chips act biden intel

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