Intel CEO Pat Gelsinger (L) and Intel Factory Manager Hugh Green (R) watch as US President Joe Biden (C) looks at a semiconductor wafer during a tour at Intel Ocotillo Campus in Chandler, Arizona, this week. The White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel’s US chip-making facilities. BRENDAN SMIALOWSKI/AFP via Getty Images
BRENDAN SMIALOWSKI/AFP via Getty Images
President Biden just awarded $8.5 billion dollars to the company Intel to help fund semiconductor factories in Arizona, Ohio, New Mexico, and Oregon.
At a visit
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