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Intel CFO says chipmaker has received $5.7 billion in outstanding CHIPS Act grants under Trump deal

ReutersAug 28, 2025 4:36 PM

- Intel INTC.O received the $5.7 billion in outstanding grants from the CHIPS Act that is being converted into the U.S. government's stake in the struggling chipmaker "last night," Chief Financial Officer David Zinsner said at a Deutsche Bank tech conference in California on Thursday.

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