Intel Secures Record $7.9B CHIPS Act Grant for US Semiconductor Expansion
The US Department of Commerce awards Intel nearly $8 billion in CHIPS Act funding to boost domestic semiconductor manufacturing across multiple states. The historic investment aims to create 30,000 jobs while strengthening America's chip production capabilities and reducing foreign dependencies.
Bluesky Soars Past 15 Million Users Amid US Election Buzz
Decentralized social platform Bluesky hits major milestone with 15 million users, experiencing explosive growth during US election season. The platform's unique features like custom algorithmic feeds and enhanced user controls are attracting users seeking alternatives to traditional social media.
Massive Verizon Outage Leaves Millions Without Internet Along East Coast
A widespread Verizon Fios outage affected millions of customers from Philadelphia to Richmond, disrupting internet services for hours. The company acknowledged the issue but provided limited details, raising concerns about infrastructure reliability and communication during large-scale disruptions.
Intel's Struggle: US Officials Weigh Government Intervention for Chip Giant
As Intel faces financial challenges, US policymakers consider supporting the largest American chip manufacturer. The company's strategic importance in maintaining a competitive US semiconductor ecosystem has prompted discussions about potential government intervention.
Washington Prepares Contingency Plans for Potential Intel Crisis
U.S. policymakers are quietly discussing contingency plans for a potential Intel financial crisis, highlighting the chipmaker's critical importance to national technology and economic interests. The proactive approach underscores Intel's unique role in designing and manufacturing cutting-edge chips on American soil.