Intel solidifies $3.5 billion deal to make chips for U.S. military

Intel Solidifies $3.5 Billion Deal to Make Chips for Military

According to people familiar with the matter, Intel Corp. has officially qualified for up to $3.5 billion in federal grants to produce semiconductors for the Pentagon after the chipmaker and US officials came to a legally binding agreement.
The covert initiative known as Secure Enclave aims to start producing cutting-edge chips for use in military and intelligence applications. According to Bloomberg, it encompasses several states and a manufacturing facility located in Arizona.

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