The Biden administration is in talks with the corporation Intel regarding subsidies exceeding $10 billion, according to Bloomberg. This will be the largest reward under the plan to bring semiconductor production back to the U.S. The Intel subsidy package is expected to include both loans and direct grants. Negotiations are still ongoing. Under the CHIPS Act of 2022 aimed at reviving the American semiconductor industry, $39 billion in direct grants, as well as loans and loan guarantees totaling $75 billion, are allocated. The funds will be used to attract leading global chipmakers to manufactur…