SOTU: Biden urges Congress to pass the CHIPS Act to provide $52B in subsidies to advance US chip manufacturing and praises Intel’s $20B investment in Ohio fabs (Stephen Shankland/CNET)

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Stephen Shankland / CNET:

SOTU: Biden urges Congress to pass the CHIPS Act to provide $52B in subsidies to advance US chip manufacturing and praises Intel’s $20B investment in Ohio fabs  —  The president praises Intel’s $20 billion investment in Ohio fabs to make semiconductors during his State of the Union address.

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