Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under ...
Federal funding is planned to support construction of two Intel fabs in Licking County, Ohio, pictured, as well as other company projects in Arizona, New Mexico and Oregon. The U.S. Dept. of Commerce ...
“Intel’s plans for Ohio have gone from high-tech hope to high-stakes uncertainty,” Brennan said. “Our state made the largest financial commitment in its history to bring this project here. It’s only ...