The U.S. government is providing up to $20 billion to Intel for microchip production, with $19.5 billion from the CHIPS Act funding and loans. President Biden's investment aims to boost domestic chip production, create jobs, and revitalize the semiconductor industry across multiple states.
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
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
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
Not only is @POTUS’s #CHIPSAct creating good union jobs across the country, it’s helping fund experiential learning and career tech education for thousands of students. #RealSolutions https://t.co/vlU6R53twD
The CHIPS and Science Act continues to revitalize America’s semiconductor industry. This investment will create more good-paying manufacturing jobs right here in America. https://t.co/HjsHFzLuQk
Intel CEO says Biden wants chip factories ‘bigger’ and 'sooner’ https://t.co/4kIZaqmUY6
New York Times @nytimes: What $8.5 Billion Can Buy: Biden Aims to Bolster Chip Manufacturing - The New York Times. #aiact #aistrategy #industry40 https://t.co/rQUK6bNldS
American Manufacturing! Investments in our future! Leading the way thanks to @POTUS. This work to bolster semiconductor manufacturing will: 📈 create 30,000 new jobs 👩🎓 help more students build careers ⚙️ keep us at the forefront of innovation https://t.co/KnvX6YaYXO
For us, restoring American leadership in semiconductors is more than a responsibility—it is our calling. I am grateful for the trust that has been placed in @intel by the U.S. government to deliver on the promise of restoring American semiconductor leadership. Through the…
It's official — Ohio is building the technologies of the future. My CHIPS Act is continuing Ohio's long history of innovation & manufacturing for generations to come. The semiconductors that power our lives WILL be made in Ohio, by Ohio workers. https://t.co/HSObDpH58T
Building a better tomorrow starts with opportunity, and I’m so excited that Intel has secured funding from the Biden-Harris Admin under the CHIPS and Science Act. This will bring 1,700 new jobs and position New Mexico as a leader in the transition to a sustainable future! https://t.co/fy1T0vN3mN
$8.5 billion to Intel, 10,000 new Arizona jobs. And none of Arizona GOP House members voted for the legislation that led to an enormous boost for the state's economy and job market ➖ by columnist @ejmontini. https://t.co/g99q5L0yvI
🔊 Intel readies a $100 billion spending spree on factory building and expansion across four states. For the latest listen to the Reuters World News podcast https://t.co/WRVi4G5spi https://t.co/t6QFPJ05TZ
$8.5 billion to Intel, 10,000 new Arizona jobs, 4 Republican 'no' votes https://t.co/BnpQ0crx0G via @azcentral
The CHIPS & Science Act is providing our communities with the resources needed to ensure Ohio remains the heart of America’s manufacturing industry. https://t.co/RpjmcnU78f
Opinion: None of Arizona GOP House members voted for the CHIPS Act that produced an enormous boost for Intel, the state's economy and its job market. https://t.co/70JFkHOpja
🔊 President Joe Biden eyes a potential political win in Intel's new $100 billion spending plan. @StephenNellis joins the Reuters World News podcast with insights on Intel's plans https://t.co/NzR7ZTfqQh https://t.co/sIdv0QO2iv
Intel will receive the "single biggest grant" to any chip company under the CHIPS and Science Act. https://t.co/akftRI5rB0
#FPTech: Intel to make world's largest AI chip factory in the US, spend over $100 billion across four states https://t.co/2vSu4Bw2nv
#FPTech: Intel to to make largest AI chip factory in the world in US, Intel to spend over $100 billion across four states https://t.co/LXfROuULBI
This is huge news. It ties into my argument that all nation states need to build ‘sovereign AI’ - in order to do this, they need to invest in AI infrastructure. The U.S. govt will provide $8.5BN in direct funding for @intel under the CHIPS Act. The initiative aims to ramp up… https://t.co/VBW6X7hs7P
This is huge news, that also ties into ym argument that all nation states need to build ‘sovereign-AI’ - in order to do this, they need to invest into AI infrastructure. The U.S. govt will provide $8.5BN in direct funding for @intel under the CHIPS Act. Long-term strategic… https://t.co/VBW6X7hs7P
Its an exciting day for the chips program, $INTC CEO @PGelsinger heralds, after the the company receives an $8.5 billion grant from the U.S. government for chip-plant construction. "I call it the end of the beginning of our journey to rebuild semi-conductors in America." https://t.co/uhdVcRZpeG
The centerpiece of Intel's five-year spending plan is turning empty fields near Columbus, Ohio, into what CEO Pat Gelsinger described to reporters on Tuesday as "the largest AI chip manufacturing site in the world", starting as soon as 2027. - Reuters https://t.co/y5Vv25wo2A
The deal makes Intel the largest beneficiary of grants from the CHIPS Act thus far. https://t.co/5iHEeFHDvQ
The White House is giving Intel $19.5 billion to boost U.S. chip production. https://t.co/MRRAL2eOrH
#ICYMI: The US government is giving #Intel $8.5bn to help the chipmaker boost domestic production of semiconductors and continue expanding its facilities across the country. https://t.co/3EImdQwV2K
President Joe Biden to announce $8.5B for Intel semiconductor manufacturing https://t.co/bO1BZmtrX0
Intel CEO Pat Gelsinger: 'Today, we are declaring that America will not surrender leadership to our competitors.' https://t.co/JJJOK304rf
Thanks to my CHIPS Act, America will produce roughly 20% of the world’s leading-edge semiconductors by the end of the decade. And we're going to create tens of thousands of American jobs in the process. https://t.co/JyQh7ryAlQ
Companies have announced over $240 billion in investments to bring semiconductor manufacturing back to the U.S. since President Biden took office. That’s a big deal.
Semiconductors are the tiny computer chips smaller than a fingertip that power our everyday lives. We invented them, but over time we moved manufacturing overseas. I came to office determined to bring their production home. That's what our CHIPS Act does. https://t.co/pKD2YMN3OX
Proud to join @POTUS in Chandler today to announce an $8.5 billion investment in @Intel. This historic funding, made possible by our CHIPS Act, will solidify Arizona’s place as the semiconductor capital of the world. https://t.co/kaM99f8M8g
Today, President Biden announced a historic agreement with Intel to build and expand four semiconductor manufacturing facilities here in America – helping put us on track to manufacture 20% of the world’s leading-edge chips by the end of the decade. https://t.co/EeUtyFTw3R
Intel latest to get US funds for chips, more grants and loans planned https://t.co/58P6s0fUtw https://t.co/CwEcV8fHgn
The CHIPS and Science Act is working! I helped lead the effort in Congress to make this investment in American manufacturing in order to create good-paying jobs right here at home while also strengthening our supply chains. https://t.co/IixhyIf1hD
Today is a defining moment for U.S. chipmaking and innovation. @Intel & @CommerceGov have announced up to $8.5 billion in direct funding under the #CHIPSAct to fulfill our shared goal of restoring American leadership in semiconductors. With this funding, we're going to build… https://t.co/RPiYJ1i0ul
President Biden announced $8.5 billion in funding for Intel's computer chip plants. WH Council of Economic Advisers Chair Jared Bernstein joins @nikolendc to discuss the impact it will have on domestic manufacturing, plus, the administration's efforts to address the economy. https://t.co/52xHOMbmKk
We’re making investments in American manufacturing thanks to the CHIPS and Science Act. Oregon is already a leader in semiconductor manufacturing, and this boost will take us to the next level, while creating good-paying jobs—a win-win! https://t.co/tqwC5PxwLf
Biden announces $8.5 billion for Intel's semiconductor efforts on Arizona trip My latest, featuring a quick Air Force One tarmac interview with @gregstantonaz: https://t.co/gCowI94fp6
Biden touts "landmark agreement" with Intel during visit to Arizona https://t.co/6S9ci1ByQo https://t.co/3axJAWWDgH
The US will provide $INTC up to $8.5 billion for chip manufacturing as part of the CHIPS and Science Act. CFRA Research senior equity analyst @AngeloZino joins Yahoo Finance to discuss: https://t.co/C1zHYMWCD0
$INTC winning big with a grant worth up to $8.5B from the CHIPS Act. @TimSeymour sums up what it means for the chipmaker and how to play the stock: https://t.co/r3RnvXq7Nl
⚠️ FACTBOX-INTEL LATEST TO GET US FUNDS FOR CHIPS, MORE GRANTS AND LOANS PLANNED Full Story → https://t.co/tUSMIApmTE Intel Corp on Wednesday was the latest semiconductor company to be awarded billions of dollars in grants and loans from the U.S. government in President Joe…
The CHIPS Act is paying off BIG TIME for Ohio. We’re talking: 🦺 Thousands of new union jobs 🌇 Major economic development in Licking County 🇺🇸 Bringing supply chains home It's all happening because we came together across party lines to invest in Ohio manufacturing.
Intel winning an $8.5 billion from the Chips Act @JonFortt sat down with CEO @PGelsinger about the significance of this moment for America's global competitiveness in chip manufacturing and for @Intel's turnaround $INTC #chipsact https://t.co/kYrYa4FYaA
Intel to Get $8.5 Billion from U.S. Gov't to Build Fabs in the U.S. https://t.co/NSbfYizhiz https://t.co/YAnnijvcZ2
Biden administration touts government investing $8.5 billion in computer chip plants in four states https://t.co/8IEuxB6HNA https://t.co/8IEuxB6HNA
Intel lines up $20B in Chips Act grants and loans, sending its stock higher https://t.co/VIfHO9YnHL
Intel stands to receive up to $8.5 billion in federal funding for commercial chip and semiconductor packaging projects in Arizona, New Mexico, Ohio and Oregon—in one of the largest public-private investments ever made in the U.S. semiconductor industry. https://t.co/4He0Edhafd
Thanks to my CHIPS & Science Act: Intel will be able to hire thousands of new workers—including communities long overlooked, left behind This investment will help generate a pipeline of high-skilled construction and tech workers—including grads from community colleges and HBCUs
President Joe Biden said his nearly $20 billion award to Intel demonstrated his investments in US industries that had withered under Donald Trump’s tenure, @Jordanfabian & @justinsink write https://t.co/xNM0cIPVRC
President Joe Biden said his $20 billion award to Intel demonstrated his investments in US industries that had withered under Donald Trump’s tenure. https://t.co/0C6M2ESZrm
In Arizona, Biden drops $8.5B on Intel. Will it help his campaign? https://t.co/gHI2FwlbIS
Today’s announcement is perhaps the clearest signal yet that my CHIPS & Science Act is delivering in a big way across the country! https://t.co/ZCmRjA6zQ4
MAJOR NEWS: Thanks to my CHIPS & Science Law, this funding agreement alongside private investment from @Intel will go to build and expand semiconductor facilities in AZ, OH, NM, and OR and create thousands and thousands of good-paying jobs! We’re investing in America! https://t.co/ZCmRjA6zQ4
Intel wins $19.5B in CHIPS Act funding and loans for fab network expansion https://t.co/Hj7rH8zBg3
White House offers up to $8.5B to boost Intel's domestic chip production #AI #artificialintelligence #chipmanufacturing #CHIPSAct #domesticproduction #Electronics #Intel #investments #llm #machinelearning #Manufacturing #supplychain #WhiteHouse https://t.co/ANNqpDoB2J https://t.co/iBP1KBnH0n
U.S. pumps up to $20 billion into Intel’s microchip production push https://t.co/F5hKDm6d2s