Intel INTCAgreement
Intel and the Commerce Department amend the CHIPS Direct Funding Agreement
Filed Aug 29, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On August 27, 2025 it signed an amendment with the Commerce Department that releases it from some obligations.
- Project milestone requirements and the free cash flow sharing requirement were removed.
- The ban on using CHIPS Act funds for dividends or share repurchases remains.
- It received the $5.695 billion accelerated disbursement and issued 274,583,000 common shares to the department.
Items reported
- 1.01 Material agreement
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.