Intel awarded $3bn by US government to bolster domestic chip supply [Yahoo! Finance]
Intel Corporation (INTC)
Last intel corporation earnings: 4/23 04:07 pm
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Source: Yahoo! Finance
The funding builds on Intel's programmatic engagement across strategic US government defence programmes within the Department of Defense (DoD). As the only US company that both designs and manufactures leading-edge logic chips, Intel will help secure the domestic chip supply chain and collaborate with the DoD to help enhance the resilience of US technological systems by advancing secure, cutting-edge solutions. Chris George, president and general manager of Intel Federal said: "Intel is proud of our ongoing collaboration to help strengthen America's defense and national security systems. "Today's announcement highlights our joint commitment with the US government to fortify the domestic semiconductor supply chain and to ensure the United States maintains its leadership in advanced manufacturing, microelectronics systems, and process technology." The announcement reflects the continued progress of Intel Foundry, which brings together all the components customers need to design
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