The Biden administration aims to bolster domestic semiconductor manufacturing by awarding Intel up to $3 billion to support the Secure Enclave program for military use.
Commerce Secretary Gina Raimondo emphasized that this funding is crucial for enhancing America's production capacity of advanced semiconductors, stating it will significantly strengthen U.S. technology systems.
The award to Intel is part of a broader strategy to diminish America's reliance on foreign semiconductors, particularly due to geopolitical tensions surrounding Taiwan and China.
The funding announced follows a previous grant of up to $8.5 billion to Intel for construction projects across multiple states, demonstrating a substantial commitment to U.S. semiconductor production.
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