CHIPS and Science Act

President Biden visited an Intel computer chip plant in Chandler, Arizona, where he announced a significant funding agreement aimed at boosting chip production in the United States. The agreement, totaling up to eight-and-a-half billion dollars, will support Intel's facilities in four states, including Arizona. Biden emphasized the critical role of semiconductor chips in national security and economic stability during his visit.

The president's tour of the Intel plant in Arizona comes as part of his broader efforts to address the semiconductor chip shortage. . .