Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under ...

As the federal government begins to fork over its long-awaited CHIPS and Science Act money, Intel’s chief executive officer is out the door, after four years in charge. Economic uncertainty has, and ...

“Intel’s plans for Ohio have gone from high-tech hope to high-stakes uncertainty,” Brennan said. “Our state made the largest financial commitment in its history to bring this project here. It’s only ...