Intel is receiving $ 3.5 billion to produce slides for the US Army

According to Congress Assistent, the US government is preparing to invest $ 3.5 billion in Intel to enable the slides manufacturer to produce advanced semiconductors for military and intelligence programs. This money, which includes on Wednesday in the fast spending account approved by the House of Representatives, would ‘Intel’ make a dominant local player in the profitable defense market. The financing, which lasts three years, is devoted to a program called ‘Safe District’. It comes from the broader grants approved by the $ 39 billion chips and scientific law, designed to persuade chipmakers to produce semiconductor in the United States. More than 600 businesses expressed their interest in financing. The Wall Street Journal reported in November that “Intel” holds talks to get the government support between $ 3 and $ 4 billion. Bloomberg reported that “Intel” is scheduled to get a total incentive package of the Chips Act of more than $ 10 billion, including grants and loans. The company refused to comment on the expected investment of $ 3.5 billion. The Ministry of Trade said in a statement: “We are still reviewing the effects of the texts of the awards on the program.” She added: “The ministry wants to continue working with the congress to implement the law of discs and science in a way that improves our economic and national security.” The Senate is expected to approve the legislation by the deadline on Saturday. This financing comes at a time when the Ministry of Trade is preparing to announce billions of dollars to advanced chip operations such as “Intel” and the Asian competitors, “Taiwan for the parts of mosques” and “Samsung”, which aim to build local manufacturing capabilities. The ministry has already announced three grants, including a smaller award focusing on the National Security Enterprise of the US Company “BAE Systems PLC”, and a $ 1.5 billion grant for globalphonders, which produces semiconductors of the oldest generation. Senate members, Maria Cantle, who chaired the Trade Committee, Wark Wake and Jack Red, raised the largest Republican and Democrats in the forces committee, and last year’s concerns about the decision to give grants to one company to build a ‘safe area’. Congress assistants said the cost is greater than it is necessary to secure these chips. This initiative is separate from the current Defense Program, which describes secure facilities to offer military chips to them, including companies such as ‘Global Fondry’ and ‘IBM’, and also has the Pentagon easily granted $ 238 million to eight local technological centers focusing on semiconductors with defensive applications.