Global Trade Alert
Global Trade Alert

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

Announcement

16 Sep 2024

In September 2024, the U.S. Department of Defense and Department of Commerce announced USD 3 billion in funding to Intel Corporation to support the development of a "Secure Enclave" ensuring a domestic supply of advanced semiconductors for national security.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

16 Sep 2024

Revocation date:

No revocation date

State aid, unspecified In force

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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