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Intel awarded billions by US government

By Staff Writer

Sep 17 2024 6:15AM

For national security related chip production.

Intel awarded billions by US government

The Biden Administration has awarded Intel up to US$3 billion ($4.44 billion) from the CHIPS and Science Act to develop a "Secure Enclave" for microelectronics, which are a critical component to a wide range of weapon systems and other national security products. Shares of Intel were up 5.7 ...

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