Intel has already received $2.2B in federal grants for chip production

Less than three months since Intel was awarded $7.68bn in milestone-based federal grants, the company has received $2.2bn of that allotment.

New in the last 5 hours

Intel reveals its 2026 PC processor plans

New in the last 6 hours

Intel won’t bring its Falcon Shores AI chip to market

New in the last 8 hours

Intel issues weak forecast, citing seasonality and an uncertain economy

Intel’s chipmaking division lost $13 billion last year, but its losses are no longer historic

New in the last 12 hours

IBM rallies nearly 14%, heads for best day ever on strong earnings

ElevenLabs, the hot AI audio startup, confirms $180M in Series C funding at a $3.3B valuation

Cerebras becomes the world’s fastest host for DeepSeek R1, outpacing Nvidia GPUs by 57x

New in the last 18 hours

Microsoft's Surface Pro and Laptop for Business are getting Intel's new AI PC chips

Microsoft's new Copilot+ Surface devices are built for business with Intel inside

New in the last 36 hours

IBM shares rise 7% on earnings beat

New in the last 48 hours

Critical chip firm ASML posts fourth-quarter sales and profit beat

Former Intel CEO Pat Gelsinger invests in Nvidia following market dip, calls DeepSeek reaction "wrong"