Intel (INTC) Confirms it was Awarded up to $3B by the Biden-Harris Administration for Secure Enclave

Go back to Intel (INTC) Confirms it was Awarded up to $3B by the Biden-Harris Administration for Secure Enclave

Intel Awarded up to $3B by the Biden-Harris Administration for Secure Enclave

September 16, 2024 2:02 PM EDT

Secure Enclave award builds on Intels programmatic engagement across strategic U.S. government defense programs, including SHIP and RAMP-C.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- 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.

The Secure Enclave program builds on previous projects between Intel and the Department of Defense (DoD) such as Rapid Assured Microelectronics Prototypes - Commercial... More