Biden administration awards $8.5 billion for computer-chip manufacturing
The administration said Intel is investing over $100 billion in the projects, which it estimated will create 10,000 manufacturing jobs and 20,000 construction jobs.
Most of the big Chips Act awards are still to come. Since December, the administration has announced several smaller grants, including $35 million to BAE Systems, a defense contractor that makes a chip used in fighter jets, and $162 million to Microchip Technology, a company that builds memory chips and other widely used “microcontrollers” at fabs in Colorado and Oregon.
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https://www.washingtonpost.com/business/2024/03/20/biden-chips-intel-phoenix/
