The Department of Defense (DoD) and the Department of Commerce have awarded chip-making giant Intel Corp. up to $3 billion to boost advanced semiconductor production for the U.S. military and strengthen the supply chain of those types of semiconductors for national security. […]

The Commerce Department said today it has reached a non-binding and preliminary agreement with U.S.-based semiconductor manufacturing giant Intel Corp. to provide the company with $8.5 billion of CHIPS and Science Act funding to support chip making projects in Arizona, New Mexico, Ohio, and Oregon. […]