Biden administration investing $8.5 billion in Intel's computer chip plants in Ohio, 3 other states

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Biden administration investing $8.5 billion in Intel's computer chip plants in Ohio, 3 other states
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The first of at least two dozen “super loads” is scheduled to hit the road Wednesday morning.

Ohio Sen. Sherrod Brown stressed that his state would become"a global leader in semiconductor manufacturing” as Intel would generate thousands of jobs.with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon.plans to talk up the investment on Wednesday as he visits Intel's campus in Chandler, Arizona, which could be a in November’s election.

Ohio Sen. Sherrod Brown, a Democrat up for reelection this year, stressed that his state would become"a global leader in semiconductor manufacturing” as Intel would be generating thousands of jobs. Ohio has voted for Trump in the past two presidential elections, and Brown in November will face Republican

The Intel CEO said on a call with reporters that he would like to see a sequel to the 2022 law in order to provide additional funding for the industry.

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