Biden calls Intel's plan to build $20B chip factories in Ohio 'a game changer'

Biden calls Intel’s strategy to construct $20B chip manufacturing facilities in Ohio ‘a video game changer’


Intel has actually revealed that it will certainly invest $20 billion on 2 brand-new semiconductor manufacturing facilities in Ohio. The business claims that the manufacturing facilities will not prepare to begin making chips up until 2025, so the information unfortunately will not soothe us of the chip scarcity making computer pc gaming so hard today (which Intel quotes will certainly proceed up until following year), yet maybe the begin of a long-term change in chip production. Together with the statement, Head of state Biden is speaking up his management’s initiative to reduce the worldwide semiconductor scarcity by raising manufacturing in the United States.

“This is a video game changer,” Biden stated in a speech at the White Home on Friday, where he repetitively pointed out the substantial result the scarcities have actually carried auto producers (yet not the result it’s carried computer players, if you can think it). Biden applauded Intel for investing huge on a US-based manufacturing facility. Samsung and also Micron promised to do the exact same in 2015.


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