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Intel to get $3.5 billion infusion from U.S. gov't to make chips for military: Report

The U.S. government is set to invest $3.5 billion in Intel to boost the production of advanced chips for military and intelligence purposes, reports Bloomberg. The payment could be a part of a rumored total incentive package exceeding $10 billion from the U.S. CHIPS and Science Act (encompassing both grants and loans) or could be a part of the proposed Secure Enclave project that is designed for military and intelligence chips and is funded separately. The investment involves funding the Secure ...

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