What we know about Intel’s $20 billion bet on Ohio

  • 📰 verge
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

United States Headlines News

United States Latest News,United States Headlines

On Friday, Intel announced it would build the “largest silicon manufacturing location on the planet” here in the United States, on a 1,000-acre plot of land in New Albany, Ohio. There’s more to it than that.

On Friday, Intel announced it would build the “largest silicon manufacturing location on the planet” here in the United States, on a 1,000-acre plot of land in New Albany, Ohio.

Remember how Intel’s hoping for a federal subsidy to help build out the Ohio fabs? There’s one waiting in the wings — Last April, Biden called for federal funding to ease the semiconductor shortage, and the Senate answered in June, passing a bill that would provide $52 billion for domestic semiconductor manufacturing in the United States. But it never passed the House of Representatives.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Borgata Casino Bonus Code - 'COVERSBORGATA' for $1k Match + $20 BonusClaim our exclusive Borgata Casino bonus code 'COVERSBORGATA' to earn up to a $1,000 deposit match bonus and a $20 casino bonus in New Jersey and Pennsylvania.
Source: Covers - 🏆 341. / 59 Read more »

Hailey Bieber Swears by this $20 Brow GelHailey Bieber revealed on TikTok that she uses Milk Makeups $20 KUSH Fiber Gel as part of her 'lazy makeup' routine.
Source: seventeen - 🏆 412. / 53 Read more »

How Panera Bread ducked California’s new $20 minimum wage lawThe specificity of the exemption has puzzled observers for months, especially after Gov. Newsom told reporters last year that it came about as “part of the sausage-making” of politics.
Source: ladailynews - 🏆 332. / 59 Read more »

Sorry, Dallas, Cocktails Have Entered the $20 EraYou'll be shaken, not stirred, when you see your bar tab.
Source: dallas_observer - 🏆 453. / 53 Read more »

Resnicks donate $20 million to Cal Poly in San Luis ObispoBy KAREN VELIE After receiving a $20 million donation, Cal Poly in San Luis Obispo is honoring the donors by naming the new facility the 'Lynda and
Source: californianewsn - 🏆 440. / 53 Read more »

California Panera franchisee to raise minimum wage to $20 after allegations of favoritism by NewsomA Panera Bread franchise owner in California said he will raise the minimum wage for his employees after accusations he benefited from ties to Gov. Gavin Newsom.
Source: abc7newsbayarea - 🏆 529. / 51 Read more »