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Intel: Possible Awardee of Billion-Dollar US Government Funding for Defense Microchip Facilities

The United States government could grant Intel a multibillion-dollar contract to build microchip facilities for the military.   Intel has been known for producing microchips since its founding in 1968. Today, the U.S. government will potentially award billion-dollar funding for microchip facilities to the multinational technology company. Here is everything you need to know about Intel and the United States’ $53 billion Chips Act.   What is a Microchip? In general, a microchip is a piece of integrated circuit (CI) made on a tiny scale from a semiconductor material. Microchips are typically made of silicon, a cost-effective and sustainable semiconductor.

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