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2025-01-08   

UCLA women’s basketball earns first-ever No. 1 ranking in weekly AP polllive baccarat 。

LOS ANGELES (AP) — The Biden administration plans on reducing part of Intel's $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private conversations. The reduction is largely a byproduct of the $3 billion that Intel is also receiving to provide computer chips to the military. President Joe Biden announced the agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans in March. The changes to Intel’s funding are not related to the company’s financial record or milestones, the people familiar with the grant told The Associated Press. In August, the chipmaker announced that it would cut 15% of its workforce — about 15,000 jobs — in an attempt to turn its business around to compete with more successful rivals like Nvidia and AMD. Unlike some of its rivals, Intel manufactures chips in addition to designing them. Two years ago, President Biden hailed Intel as a job creator with its plans to open a new plant near Columbus, Ohio. The president praised the company for plans to “build a workforce of the future” for the $20 billion project, which he said would generate 7,000 construction jobs and 3,000 full-time jobs set to pay an average of $135,000 a year. The California-based tech giant's funding is tied to a sweeping 2022 law that President Biden has celebrated and which is designed to revive U.S. semiconductor manufacturing. Known as the CHIPS and Science Act , the $280 billion package is aimed at sharpening the U.S. edge in military technology and manufacturing while minimizing the kinds of supply disruptions that occurred in 2021, after the start of the coronavirus pandemic, when a shortage of chips stalled factory assembly lines and fueled inflation . The Biden administration helped shepherd the legislation following pandemic-era concerns that the loss of access to chips made in Asia could plunge the U.S. economy into recession. When pushing for the investment, lawmakers expressed concern about efforts by China to control Taiwan, which accounts for more than 90% of advanced computer chip production. In August, the administration pledged to provide up to $6.6 billion so that a Taiwanese semiconductor giant could expand the facilities it is already building in Arizona and better ensure that the most advanced microchips are produced domestically for the first time. The Commerce Department said the funding for Taiwan Semiconductor Manufacturing Co. meant the company could expand on its existing plans for two facilities in Phoenix and add a third, newly announced production hub. The administration has promised tens of billions of dollars to support construction of U.S. chip foundries and reduce reliance on Asian suppliers, which Washington sees as a security weakness. _____ Boak reported from Washington. Josh Boak And Sarah Parvini, The Associated Press

Hunter Sallis poured in 31 points and Wake Forest needed most of those in a 67-57 home victory against Detroit Mercy on Saturday at Winston-Salem, N.C. Davin Cosby had 11 points as the Demon Deacons (6-1) won their second straight since their only loss, which came a week earlier at Xavier. But it wasn't easy as the visiting Titans (3-3) were persistent as they trimmed a 19-point deficit to nine points with plenty of time remaining (5:54). Orlando Lovejoy led the Titans with 15 points and TJ Nadeau had 13 points and nine rebounds off the Detroit Mercy bench despite shooting 1-for-8 on 3-pointers. Jared Lary added 10 points. Wake Forest doubled up the Titans in 3-point production by making 10 compared to Detroit Mercy's five. But the Demon Deacons took more than half of their attempts (61) from beyond the 3-point arc (35). As a result, they were just 9-for-13 on free throws. The Titans also held a 48-31 advantage in rebounding. Some of that might have been attributed to the absence of Wake Forest center Efton Reid III, who has been dealing with migraines. Detroit Mercy trailed 36-23 at halftime, but Wake Forest couldn't put the Titans away. Sallis shot 12-for-18 from the field and made five 3-point shots. He ended up two points shy of his career-high mark. Sallis came through with clutch shots, including a 3-pointer to go up by 12 with 4:59 left. Cosby had three 3-pointers before hitting his lone 2-point basket with 3:33 left to push the lead back to 14. The Titans shot only 5-for-19 on 3-pointers and they checked in at 33.3 percent overall from the field. Detroit Mercy was charged with 14 turnovers compared to only five for Wake Forest. Detroit Mercy was coming off Wednesday night's victory at Ball State. That outcome marked the team's first true road triumph since February 2023, but the Titans couldn't duplicate it. --Field Level MediaThe best PS5 games for 2025: Top PlayStation titles to play right now

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