Intel Joins $20M Fund to Keep 6,700 Chip Students on Track
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Lafayette, Colorado – November 04, 2026 -- Intel Corporation has joined the Semiconductor Pathways Fund, a six-member industry coalition targeting $20 million to keep 6,700 students on track to graduate by 2028, Last Mile Education Fund announced.
Intel becomes sixth corporate backer of the workforce fund
The fund launched in November 2025 with Applied Materials as founding partner. Lam Research, KLA Foundation and Cadence Design Systems made inaugural investments, and the AMD Foundation has since joined. Intel is the latest addition.
Awards averaging under $3,000 target last-mile financial gaps
The fund issues rapid, flexible awards averaging less than $3,000. They cover obstacles such as an unpaid tuition balance, a car repair or a housing emergency that can stop a near-graduate from finishing.