3 ms·
So from reading this[1] my understanding is the award for all four locations is $7.9B and for the Ohio project location specifically it's $1.5B However I could
by Brybry 2y ago
So from reading this[1] my understanding is the award for all four locations is $7.9B and for the Ohio project location specifically it's $1.5B
However I couldn't find the awards (and thus outlays) on usaspending.gov. I think this[2] is the CHIPS act account and you can see some general outlays per year there but Intel isn't in any of the specific obligations listed.
And even searching the award id or Intel in general as a recipient on the site didn't find obligations that matched.
However, page 112 of this[3] 10-K filing has the direct funding agreement (with award id!) and a lot of info about how payments work but no payment amounts. Page 30 seems to say they received $1.1 billion of the $7.9 billion in 2024 and another $1.1 billion for 2025 but I'm not sure if I'm reading it correctly.
[1] https://www.nist.gov/chips/intel-corporation-ohio-new-albany https://www.nist.gov/chips/intel-corporation-ohio-new-albany
[2] https://www.usaspending.gov/federal_account/013-0520 https://www.usaspending.gov/federal_account/013-0520
[3] https://www.intc.com/filings-reports/all-sec-filings/content/0000050863-25-000009/0000050863-25-000009.pdf https://www.intc.com/filings-reports/all-sec-filings/content...