Intel Options Spot-On: On November 25th, 278.47K Contracts Were Traded, With 4.68 Million Open Interest

Moomoo News16:30 ET

Did the Biden administration reportedly finalize the $8 billion chip bill funding with intel before Trump took office?

After Trump questioned the subsidy method for the chip bill, the media reported that the goal of the Department of Commerce is to complete funding agreements as much as possible before Trump took office; considering intel's delay in investments related to the Ohio wafer factory, as well as its own technical roadmap and customer demands, the Biden administration plans to reduce the initially announced $8.5 billion appropriation by $0.5 billion.

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