Biden unveils almost $20 bn for Intel to boost US chip production
Chandler, United States (AFP) Mar 20, 2024
US 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 during a trip to Arizona underscores his strategy of highlight
