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ID: 53592019 Video

Headline: Biden Administration to Invest $8.5 Billion in Intel's Computer Chip Plants

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In addition to $8.5 billion in direct funding, $11 billion will be provided in loans. The money will come from the CHIPS and Science Act.

Keywords: Biden Administration,Intel,Computer Chip Plants,Funding,Loans,CHIPS and Science Act,Arizona,Ohio,New Mexico,Oregon,Jobs,Manufacturing,Construction,Commerce Secretary Gina Raimondo,Artificial Intelligence,Military Systems,Presidential Campaign,Pat Gelsinger,Industrial Policy Legislation,Semiconductor Industry.

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