U.S. President Joe Biden unveiled almost $20 billion in grants and loans Wednesday for Intel's domestic chip-making plants -- his administration's biggest investment yet in the sector as he takes on China's chip dominance and sells his economic achievements over election rival Donald Trump. Biden's decision to make the announcement
With CHIPS Act funding, a 1950s-era plant in Vermont is getting the chance to make semiconductors for smartphones and electric vehicles.
By a vote of 209-204, the House passed legislation Friday to eliminate what critics call a green energy slush fund. The Daily Signal first reported Read More
The U.S. Congress approved a funding bill Saturday in a rare show of cross-party unity, keeping federal agencies running through September and averting a damaging partial government shutdown.Senators missed a midnight deadline to pass the $1.2 trillion package to keep the lights on in several key government agencies but voted in the early hours to pass a resolution that had already advanced from the House."It wasn't easy, but tonight our persistence has been worth it," Democratic Majority Leader...
Biden's legislation aims to boost U.S. chipmaking. The hope is that the U.S. will become less reliant on foreign chipmakers.
RIO RANCHO, N.M. (KRQE) – President Joe Biden recently announced plans to invest more than billions of dollars in computer chip manufacturing across the U.S. Intel's New Mexico locations are a key part of the plan. Intel is set to receive up to $8.5 billion in direct funding. Intel says it plans on using some of that []
The Senate in the early hours of Saturday passed a sprawling $1.2 trillion package to fund large swaths of the government, capping off a dramatic negotiation in the upper chamber and an intense months-long spending fight. The chamber approved the mammoth package, which spans more than a thousand pages, in a 74-24 vote, sending the []
The Senate in the early hours of Saturday passed a sprawling $1.2 trillion package to fund large swaths of the government, capping off a dramatic negotiation in the upper chamber and an intense months-long spending fight. The chamber approved the mammoth package, which spans more than a thousand pages, in a 74-24 vote, sending the []
The Senate in the early hours of Saturday passed a sprawling $1.2 trillion package to fund large swaths of the government, capping off a dramatic negotiation in the upper chamber and an intense mon
The Biden administration has agreed to ban LGBTQ+ Pride flags from flying at U.S. embassies in order to fund numerous health initiatives, including the AIDS relief plan. The Biden administration […]
On Wednesday, while campaigning in Arizona, Joe Biden revealed that the government reached an $8.5 billion deal with U.S. chipmaker Intel to build four plants in the U.S. that will build advanced computer chips.
The CHIPS Act is designed to boost semiconductor manufacturing in the US and improve innovation in the country, especially with the threat of a Chinese invasion constantly hanging over Taiwan, home of TSMC.Read Entire Article