Unexpected Intel military chip contract drained $3 billion from CHIPS Act, Senate mulls auction to restore funds

The U.S. Senate is looking for ways to increase CHIPS Act funding after the Pentagon pulled out of its $2.5 billion commitment to the ‘Secure Enclave’ project for building defense chips. 

The U.S. Senate is looking for ways to increase CHIPS Act funding after the Pentagon pulled out of its $2.5 billion commitment to the ‘Secure Enclave’ project for building defense chips.