Intel is in line to receive $8.5 billion in direct federal grants
Arizona has received or is slated to get $15.4 billion in federal funding under various initiatives, including the Bipartisan Infrastructure Law, the Inflation Reduction Act, the CHIPS and Science Act, and the American Rescue Plan. Corporations and businesses have pledged $120.9 billion in related investments, primarily in semiconductor manufacturing facilities. Notably, Intel plans to invest $20 billion in Chandler.