Intel awarded $20 billion by US government, advanced CPUs incoming
Intel awarded $20 billion by US government, advanced CPUs incoming

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Intel awarded $20 billion by US government, advanced CPUs incoming

Intel awarded $20 billion by US government, advanced CPUs incoming
Intel awarded $20 billion by US government, advanced CPUs incoming
What does non binding agreement mean? Can they just take the 8billion in grants with the "promise" of building plants that they don't have deliver?
Pretty much. Most likely that they’ll take the money, and come up incredibly short on their promises without any penalty.
Without any legal penalties.
But doing so, would surely risk intels reputation and future contracts with the government. The government could also impose other restriction or penalties on intel for non compliance.
But like you say, if intel does come up short, likely nothing will happen (unless some form of negligence is discovered)
You mean like telecoms do? Of course they can. They probably still could even if it was a 'binding' agreement