Biden admin. grants $8.5B to @Intel to reshore chipmaking #shorts
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The Biden administration awarded Intel (INTC) $8.5 billion in U.S. grants as part of the CHIPS and Science Act. The chip company will utilize the funds to build out its proposed domestic semiconductor plants in the U.S. Intel CEO Pat Gelsinger spoke with Yahoo Finance Executive Editor Brian Sozzi about the importance of reshoring semiconductor production. The segment is from March 22, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #biden #joebiden #bidenadmin #bidenadministration #politics #semiconductor #semiconductorstocks #semiconductormanufacturing #2024shorts #tech #technology #technologynews