President Joe Biden speaks after groundbreaking for Intel’s $20 billion semiconductor plant
President Joe Biden traveled to Ohio on Friday to celebrate the groundbreaking of Intel’s new $20 billion semiconductor plant, one of the first domestic chip-making facilities to come out of the recently passed CHIPS and Science Act.
Intel’s Friday groundbreaking ceremony kicked off construction of what the company has called the “largest silicon manufacturing location on the planet.” It’s part of Intel’s plans to invest $100 billion in Ohio over the next 10 years. The company has said that the project could take more than 7,000 workers to build the facility that is expected to house two separate factories and, once finished, employ 3,000 workers.