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Global Trade Alert

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United States of America: US Government provides USD 3 billion in funding to Intel for secure semiconductor production

Description

On 16 September 2024, the U.S. Department of Defense and Department of Commerce jointly announced up to USD 3 billion in funding to Intel Corporation under the CHIPS and Science Act. The funding was a...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Sep 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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