Intel is on track to receive $3.5 billion in US CHIPS Act funding to produce advanced semiconductors for American military and intelligence programs.
The chipmaker has been a top contender for the cash with rumors swirling since November that the x86 giant would receive anywhere from $3-$4 billion. This funding, siphoned from the overall $39 billion in CHIPS and Science Act allotment, would presumably support the development of a "secure enclave," which we understand to be a separate production line dedicated to military chip production.
According to Bloomberg the $3.5 billion will be dispersed over the next three years. The news was tucked away in a spending bill passed by the US House of Reps Wednesday, and will cement Intel as the leading producer of silicon for the defense market.
https://www.theregister.com/2024/03/07/intel_3b_military/