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Global Trade Alert

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United States of America: US Administration announces approximately USD 7.9 billion in funding to Intel Corporation to support the domestic production of semiconductors

Description

On 26 November 2024, the US Department of Commerce awarded USD 7.9 billion to Intel Corporation to support its investment in semiconductors. Funding will be provided in the form of grants. According t...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Nov 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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