Intel Awarded Billions by US Government Under CHIPS and Science Act

Monday, 16 September 2024, 13:22

Intel has been awarded billions by the US government to bolster microelectronics development. This funding will be pivotal for creating a Secure Enclave crucial for advancements in technology. The investment represents a significant push to strengthen the semiconductor industry in the U.S. and enhance national security.
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Intel Awarded Billions by US Government Under CHIPS and Science Act

Intel's Historic Funding

In a groundbreaking move, Intel has secured up to US$3 billion from the Biden Administration under the CHIPS and Science Act. This monumental funding is aimed at spearheading the development of a Secure Enclave for microelectronics, a pivotal component in the technological fabric of the nation.

Significance of the Secure Enclave

The Secure Enclave will play a vital role in enhancing security and driving innovation within the semiconductor industry. As microelectronics become increasingly intertwined with national defense, this initiative showcases the government’s commitment to safeguarding American tech.

Future Implications

This landmark investment by the US government signals a strong commitment to fortifying the semiconductor sector. As countries race towards technological supremacy, initiatives like these lay the groundwork for the future of microelectronics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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