Tue, 21-Oct-2025

Biden hails Intel’s $20b chip plant investment amid shortage

Joe Biden

WASHINGTON: President Joe Biden on Friday praised Intel’s plans to spend $20 billion on a new US semiconductor facility, hailing the ‘historic’ investment even as a global chip shortage fans the inflation wave weighing on his leadership. Biden is urging manufacturers to bring production back to the United States, which was once a leader in … Read more