Pentagon’s Decision to Pull $2.5B Grant Hits Intel Stock Hard
Intel shares fell sharply on Thursday following news that the Pentagon had withdrawn a $2.5 billion grant to the company for the production of advanced semiconductor chips.
Intel shares fell sharply on Thursday following news that the Pentagon had withdrawn a $2.5 billion grant to the company for the production of advanced semiconductor chips.
Southern California’s long-awaited high-speed rail line connecting the bustling cities of Los Angeles and Las Vegas has received a significant boost in funding. The federal government has announced an allocation of an additional $2.5 billion to expedite the construction of this transformative infrastructure project.