Form 8-K INTEL CORP For: Aug 27

Go back to Form 8-K INTEL CORP For: Aug 27

Intel receives $5.7 billion in accelerated CHIPS Act funding

August 29, 2025 4:51 PM EDT

Intel Corporation (NASDAQ: INTC) received $5.695 billion in accelerated disbursements from the U.S. Department of Commerce under the CHIPS Act on August 27, 2025, according to a company filing.

The funding came through modifications to Intel's Direct Funding Agreement with the Department of Commerce. The amended agreement removed several previous requirements, including project milestone conditions... More