{"id":89373,"date":"2024-09-17T01:54:26","date_gmt":"2024-09-17T05:54:26","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89373"},"modified":"2024-09-17T01:48:54","modified_gmt":"2024-09-17T05:48:54","slug":"biden-administration-awards-intel-up-to-3-billion-under-the-chips-act","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/biden-administration-awards-intel-up-to-3-billion-under-the-chips-act.html","title":{"rendered":"Biden administration awards Intel up to $3 billion under the CHIPS Act"},"content":{"rendered":"\n<p>(CNBC) Shares of Intel jumped 8% in extended trading after the\u00a0<a href=\"https:\/\/www.cnbc.com\/2024\/09\/16\/intel-turns-foundry-business-into-subsidiary-weighs-outside-funding.html\">company announced<\/a>\u00a0it\u2019s creating a separate entity for its foundry business, which could allow it to raise outside funding. Intel is building foundry plants in four states as part of its project to increase domestic semiconductor manufacturing for other suppliers. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/16\/intel-awarded-up-to-3-billion-under-chips-act.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares of Intel jumped 8% in extended trading after the\u00a0company announced\u00a0it\u2019s creating a separate entity for its foundry business, which could allow it to raise outside funding. Intel is building foundry plants in four states as part of its [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89373","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89373"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89373\/revisions"}],"predecessor-version":[{"id":89374,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89373\/revisions\/89374"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}