US President Joe Biden Unveiled $8.5 Billion in grants and loans for Intel's chip-making plants in Arizona

US President Joe Biden Unveiled $8.5 Billion in grants and loans for Intel's chip-making plants in Arizona

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US President Joe Biden unveils almost $20 billion in grants and loans for Intel plants. Biden said the investment in Intel facilities in four states would put the United States on track to manufacture 20 percent of the world's leading-edge chips by the end of the decade. Arizona, in the southwestern United States, was one of the tightest races of 2020, with Biden winning by just 10,457 votes.

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