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Because it was incentive based. Intel has to hit milestones to get funding. Everything Intel does takes years. Intel is also likely going to lose hundreds of m
by chneu 1y ago
Because it was incentive based. Intel has to hit milestones to get funding. Everything Intel does takes years.
Intel is also likely going to lose hundreds of millions in incentives from Oregon for failure to meet hiring objectives, but they have a while to do that.
- rapsey 1y agoVery little of the CHIPS act money actually got deployed. The only reporting on it blamed insane DEI requirements.