Intel Awarded up to $3B by the Biden-Harris Administration for Secure Enclave
The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program. The program is designed to expand the trusted manufacturing of leading-edge semiconductors for the U.S. government.
Intel awarded up to $3 bln from US for national security related chip production
The Biden Administration on Monday awarded Intel Corp up to $3 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.
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Intel CEO Suggests More Layoffs Could Be Coming as Company Accepts $3 Billion in Direct Funding from U.S. GovernmentIntel CEO Pat Gelsinger announced in August that Intel would be reducing its head count by roughly 15,000 roles (or 15% of ...
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