Infinera Signs Non-Binding Preliminary Memorandum of Terms to Receive Up to $93 Million in CHIPS Act Funding Icon
October 18, 2024
October 18, 2024
SUNNYVALE, California, Oct. 18 -- Infinera, a provider of intelligent transport networks, issued the following news release:
* * *
Proposed funding, combined with investment tax credits, could result in more than $200 million in total federal incentives to expand production and packaging of semiconductors to support critical U.S. infrastructure and AI
* * *
San Jose, Calif. - October 17, 2024, 5:05 a.m. ET - Infinera (Nasdaq: INFN) and the U.S. . . .
* * *
Proposed funding, combined with investment tax credits, could result in more than $200 million in total federal incentives to expand production and packaging of semiconductors to support critical U.S. infrastructure and AI
* * *
San Jose, Calif. - October 17, 2024, 5:05 a.m. ET - Infinera (Nasdaq: INFN) and the U.S. . . .