Intel's new Fabs in AZ started construction in 2021, before the CHIPS act has passed. It has had a gross profit in the tens of billions yearly and right now has

Intel's new Fabs in AZ started construction in 2021, before the CHIPS act has passed. It has had a gross profit in the tens of billions yearly and right now has ~$30Bn cash on hand. Not a single penny has yet been given from the CHIPS act to Intel [1]. So no. [1]: https://www.tomshardware.com/tech-industry/intel-ceo-is-frustrated-with-chips-act-payout-progress-intel-has-received-usd0-from-the-usd8-5-billion-that-the-us-government-promised https://www.tomshardware.com/tech-industry/intel-ceo-is-frus...