Six months later, Intel is still waiting for $8.5 billion Chips Act disbursement [TechSpot]

Intel is on track to receive $8.5 billion in grants as well as $11 billion in low-interest loans through the government program. The funding is contingent upon meeting specific milestones and will come only after the government has done substantial due diligence, which could be part of what’s slowing down disbursement.Read Entire Article