President Biden is pushing Intel CEO Pat Gelsinger to expedite the establishment of federally funded chip factories. Intel plans a building spree with billions in federal subsidies. An $8.5 billion grant to Intel aims to bolster U.S. high-tech manufacturing and create jobs. The CHIPS Act supports American tech companies like Intel. TSMC faces challenges in building in Arizona. The White House provides $8.5 billion to Intel through the CHIPS Act to boost semiconductor manufacturing. The investment in Intel is aimed at creating jobs and investing in semiconductor manufacturing, with a focus on bringing manufacturing back to the U.S. and creating high-paying roles.
In less than two years, our CHIPS and Science Act turned an idea into one of the largest public-private investments in microchips ever. And this is only the beginning. https://t.co/qEGgPwusji
We’re not only bringing microchip manufacturing jobs to the state, but we’re building partnerships to train Arizonans with the skills they need to start careers in the industry. This budget agreement includes support for some of these Arizona semiconductor workforce initiatives.
2 years ago, @HouseDemocrats passed the #CHIPSandScienceAct to reduce our dependence on foreign supply chains and bring manufacturing jobs back to the US. Today, American manufacturing is roaring back, creating good-paying jobs and lowering costs for hardworking families.
Semiconductor manufacturing is taking off in Texas. Here's why https://t.co/ayaJIkdOKS
I introduced bipartisan legislation that will help us outcompete the Communist Party of China by pushing for policies that will bring critical supply chains back to the United States. I will always work to protect our national security and bring American jobs home.
For too long, Presidents of both parties sold out Ohio workers & manufacturers to foreign competitors. Not anymore — the Intel investment from our CHIPS Act means we’re making things in America, in Ohio, again. https://t.co/njYhqstYvF
President Biden’s Intel announcement this week is years in the making. With it, we’re bringing manufacturing back to America AND bringing thousands of jobs to Arizona. https://t.co/yixG86Eg0B
This is great news for Texas and will build on our federal efforts to create jobs and invest in semiconductor manufacturing. With the new @UT_Dallas innovation group, our state will continue leading the nation. https://t.co/v3PIxkmLLt
President Biden and American workers are building a future where we lead the world again in semiconductor manufacturing and create thousands of jobs across America. https://t.co/YawoXTjLT8
"This is a moment really that I think will be defining," $INTC CEO @PGelsinger says on the $8.5 billion in CHIPS Act grants. "We're building these factories at scale. This is good for the economy, good for the national security. We're excited." https://t.co/zeP71oqSE0
I’ve always stood with Ohio workers over foreign competitors. I’ve always fought for policies to help us make things in America. That’s what our CHIPS Act is all about. That’s what this investment in Intel is all about. https://t.co/43kajJR5T1
The White House said Wednesday it will provide Intel with $8.5 billion in funding through the CHIPS Act. https://t.co/AlZn2xzrML
Biden boosts semiconductor industry, electric vehicles https://t.co/7NX6iiYe8W
CNN gets rare access inside global chips giant TSMC. In the midst of a global expansion, TSMC HR boss tells me the most challenging location they're building right now is Arizona. Ballooning costs, red tape & vastly different work culture. @FirstMove @jchatterleycnn @ericcheungwc https://t.co/tJoCMTbBUQ
CNN gets rare access inside global chips giant TSMC. In the midst of a global expansion, TSMC HR boss tells me the most challenging location they're building right now is Arizona. Ballooning costs, red tape & vastly different work culture. @FirstMove @jchatterlycnn @ericcehungwc https://t.co/wPdqDUS9HL
Proud to have supported the bipartisan CHIPS Act, which is now securing grants for American tech companies like Intel. Growing our tech sector will make us industry leaders globally—and create more good-paying jobs and opportunities at home on Main Street.https://t.co/4WeW3uVgBI
Intel will receive up to $19 billion in corporate welfare, making it likely the largest recipient of taxpayer-funded aid intended to boost semiconductor manufacturing. https://t.co/3TtCRWwIob
In Arizona, an influx of $8.5 billion to help Intel build two semiconductor plants is set to bolster an arms race against China — and expected to bring thousands of high-paying roles to the area. https://t.co/CNvFbXWuJP
As the election heats up, President Joe Biden doubles down on chip wars with #China. The administration announced an $8.5 billion grant to America’s largest chipmaker #Intel. https://t.co/SwtMExxwdd
Intel CEO Pat Gelsinger said Thursday President Biden is pushing him to get new federally funded chip factories up and running faster, amid reports of delays and creeping costs in Washington’s flagship initiative to revitalize U.S. high-tech manufacturing. https://t.co/y5LJLBeurN
Intel plans US building spree thanks to billions in federal chip subsidies https://t.co/GjsieriCFD