Intel's Ohio plans face funding uncertainty amid CHIPS Act delay

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Intel's Ohio plans face funding uncertainty amid CHIPS Act delay
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Intel's ambitious plans to establish a 'Silicon Heartland' in Licking County are facing uncertainty as the company awaits billions of dollars in federal funding

Intel's ambitious plans to establish a "Silicon Heartland" in Licking County are facing uncertainty as the company awaits billions of dollars in federal funding.signed into law over two years ago, has yet to be disbursed, raising questions about the future of Intel's operations in the region.Intel dropped from the Dow

Before the recent election, U.S. House Speaker Mike Johnson suggested that Republicans might attempt to repeal the CHIPS Act, though he later retracted this statement. I could see a modification of it to move from grants to maybe tax incentives and just a better operational execution of that," Moreno said.

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