The semiconductor Giant Intel Corporation has already received $ 2.2 billion in federal subsidies through the US chip and science techniques from the US Department of Commerce, and the company has shared during the import phone on Thursday.
Intel’s co -interview CEO, vice president and CFO, Dave Zinsner, said the company, headquartered in Silicon Valley, received the first trench of $ 1.1 billion in the federal subsidies at the end of 2024 and received an additional $ 1.1 billion in January 2025. .
Zinsner added that these subsidies are based on a specific milestone. Another $ 56.6 billion is not yet distributed.
The company received a total of $ 7.8 billion in federal subsidies to build semiconductors in the United States in November as part of the US chip and science law. It’s a significant amount, but this total is less than the estimated $ 8.5 billion.
When Intel received subsidies in November, the company said it plans to invest funds for manufacturing and high -end packaging, or to assemble and integrate several semiconductor chips into one package. This is carried out in Intel facilities throughout Arizona, New Mexico, Ohio and Oregon.
The US chip and science law signed federal law by the president in 2022 to increase domestic semiconductor manufacturing. The law has raised $ 52 billion in subsidies for domestic chip manufacturers.
Although it was already 2 years old, the chip method faces uncertainty depending on the Trump administration. According to Bloomberg reports, Bloomberg reports say that if Donald Trump’s federal funding freezes, it will affect the commercial department employees focused on the chip law.
But Zinsner has a Rosier view. At the request of the analyst, he said that Intel has already communicated with the Trump administration and said, “I really feel good.”
Zinsner said, “We are looking forward to continuous participation with the Trump administration as we support this work and support US technology and manufacturing leadership.”
