President Biden hopes Intel will bump up its $20 billion investment in Ohio to as much as $100 billion.
Gelsinger, who was listed as a guest of first lady Jill Biden, along with Facebook whistleblower Francis Haugen, recently earmarked $20 billion to build a semiconductor factory at a "megaAnd Biden is hoping he’ll fork out more cash.
"Intel’s CEO, Pat Gelsinger, who is here tonight, told me they are ready to increase their investment from $20 billion to $100 billionBiden also used the chip giant's potential future spending as a carrot to highlight his own spending bills. President Joe Biden delivers his State of the Union address to a joint session of Congress at the Capitol, Tuesday, March 1, 2022, in Washington.
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