$Intel(INTC)$ For clarificatio

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$Intel(INTC)$ For clarification: The Biden administration plans to disburse the CHIPS act funds by the end of his term. This DOES NOT mean that INTC will be getting a check for $8.5B in January. What it means is that by the end of Biden's term the commerce department and INTC will sign a contract that schedules the grant payments when certain agreed-upon milestones are met. It will be disbursed in parts to match those milestones being met. Still great news as this signed contract prevents the Trump administration from canceling what was already contractually already agreed-upon and signed.

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