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Latest / Chips, compute and energy

ProgrammeComputeDefenceUSConfirmed

Intel’s CHIPS Act grant is finalised at $7.86bn, reduced to fund Secure Enclave

See how this story connects

Source: Intel

Intel and the Commerce Department finalised up to $7.86 billion in CHIPS Act direct funding on 26 November 2024 for projects in Arizona, New Mexico, Ohio and Oregon. Intel said the award was smaller than the preliminary one because Congress required CHIPS money to fund its separate $3 billion Secure Enclave contract for the US government.

Why it matters

Up to $7.86bn of CHIPS money went to the main US-owned leading-edge chipmaker, tied to trusted chip production for the US government.

When
26 Nov 2024
ID
WTA-N-2024-0144
Who
Intel, Department of Commerce

Summary by wheresthe.ai, from Intel. Checked against the source on 9 Oct 2026.

Read the original at Intel

Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: What happened nextTSMC adds another $100bn in Arizona, taking its US plan to $265bn

Data to measure this

Compare the years before 2024 with the years since in these series.

  • BACI product-level trade databaseCEPIIHarmonised annual bilateral trade for about 5,000 HS6 products among about 200 countries, including chips.Years: 1995-present · annual · download · CSV · Covers before and after
  • UN ComtradeUnited Nations Statistics Division · paidBilateral goods trade by reporter, partner and product code, for example HS 8542 integrated circuits.monthly · api · CSV, JSON, API

All data for United States

Cite this story

WTA-N-2024-0144: “Intel’s CHIPS Act grant is finalised at $7.86bn, reduced to fund Secure Enclave.” wheresthe.ai, 26 Nov 2024. https://wheresthe.ai/d/us-chips-intel-7-86bn-final-award-2024-11/ (source: Intel).

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