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Intel awarded up to $3 billion boost for chip-making: How it is different from previous $8.5 billion grant

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Intel has been awarded up to $3 billion by the Biden-Harris administration to make chips in the US. The funding has been awarded under the CHIPS and Science Act for the Secure Enclave program , which is designed to expand the manufacturing of semiconductors for the US government’s defence programs.

“Intel is proud of our ongoing collaboration with the US Department of Defense to help strengthen America’s defence and national security systems,” said Chris George, president and general manager of Intel Federal.

The Secure Enclave program builds on previous projects between Intel and the Department of Defense (DoD) such as Rapid Assured Microelectronics Prototypes - Commercial (RAMP-C) and State-of-the-Art Heterogeneous Integration Prototype (SHIP), the chimaker added.

How this is different from $8.5 billion funding in March
Intel clarified that the Secure Enclave award is separate from the proposed $8.5 billion funding agreement that Intel reached with the US government in March. That funding will be used to support the construction and modernisation of semiconductor commercial fabrication facilities under the CHIPS and Science Act.

The company also said that Intel Foundry is nearing completion of its design and process technology innovation – Intel 18A. The chips will be produced in 2025. The company is also advancing critical semiconductor manufacturing and research and development projects at its sites in Arizona, New Mexico, Ohio and Oregon.

Intel launches Lunar Lake chips for laptops
Intel recently launched the Intel Core Ultra (Series 2) 200V series AI processors for thin and light laptops. These chips, codenamed Lunar Lake, will take on Qualcomm’s Snapdragon X Elite platforms and are claimed to be its most efficient family of x86 processors ever.

Intel claims that the laptops powered by these processors – that will hit the shelves on September 24 – can deliver up to 20 hours of battery life on a single charge.
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