September 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Although Intel Corporation (NASDAQ:INTC) (Santa Clara, California) has said it plans to reduce capital expenditures (capex) in 2024 and 2025, the company recently announced developments aimed at boosting semiconductor production for customers as it continues to build out its U.S. footprint. This includes receiving up to $3 billion in funding under the CHIPS and Science Act of 2022.

Other companies featured: Amazon's (NASDAQ:AMZN) (Seattle, Washington).