8.5B

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Intel and the US set to seal $8.5B CHIPS Act funding – Computerworld

“This agreement marks one of the largest investments ever in US semiconductor manufacturing, which will create over 30,000 good-paying jobs and ignite the next generation of innovation,” US Secretary of Commerce Gina Raimondo said in March. The CHIPS Act has allocated $39 billion in direct government funding to bolster domestic manufacturing, with Intel receiving the largest individual award. Other recipients…