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Intel and US to finalise $8.5 billion in chips funding by year-end, FT reports

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September 27, 2024
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Intel and US to finalise $8.5 billion in chips funding by year-end, FT reports

(Reuters) – Intel (NASDAQ:INTC) and the U.S. government are on track to finalise $8.5 billion in direct funding for the chipmaker before the end of the year, the Financial Times reported on Friday, citing people familiar with the discussions.

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