Ohio business leaders push for release of CHIPS Act money - 13abc
20 hours ago · Intel has said it still plans to finish its Ohio project. This week, a group of business leaders led by the Ohio chamber of commerce penned a letter to President Biden, urging the administration ...
Ohio Chamber, other groups, press Biden administration to release CHIPS …
1 day ago · In March, President Joe Biden announced that nearly $20 billion in CHIPS Act money would be spread across Intel projects in Ohio, Arizona, Oregon and New Mexico. The letter, dated Nov. 12, asked ...
Ohio Chamber, other groups, press Biden administration to release CHIPS …
1 day ago · In March, President Joe Biden announced that nearly $20 billion in CHIPS Act money would be spread across Intel projects in Ohio, Arizona, Oregon and New Mexico. The letter, dated Nov. 12, asked the Biden administration to release the money in the next 30 days. The letter says, "we are growing concerned that federal funds associated with these ...
CHIPS Act: Business groups in Ohio call for quick release of money
1 day ago · The CHIPS & Science Act provides $52.7 billion in aid and other tax incentives as part of the effort to bring back production of semiconductors, critical devices that power everything from cars to ...
Business groups in four states want CHIPS Act money released | Ohio …
1 day ago · JobsOhio. (The Center Square) – The Ohio Chamber of Commerce and nearly 20 business groups from four states want the Biden administration to start handing out money from the CHIPS Act immediately. In a letter, the groups from Ohio, New York, Oregon and New Mexico want the money distributed now. Intel has said the money is critical to its plan ...
Where is the CHIPS Act funding for Ohio’s Intel plant?
2 days ago · This wouldn’t have been possible without the CHIPS Act, which President Joe Biden signed in August of 2022. The immediate economic impact was supposed to be major. The plant will create 3,000 high-paying jobs, 7,000 construction jobs and tens of thousands of additional jobs. But that hasn’t happened yet. Intel told OCJ/WEWS in February that ...
Intel's Ohio plans face funding uncertainty amid CHIPS Act delay
3 days ago · The CHIPS Act funding could amount to as much as $8.5 billion for Intel sites nationwide. However, neither the company nor the government has provided specific reasons for the funding delay.
Billions in CHIPS Act funding were supposed to help Intel in Ohio ...
Sep 12, 2024 · When the CHIPS Act stalled in Congress, Intel responded by delaying the groundbreaking at Ohio One. Fast forward to 2024, and Intel is perceiving hesitancy from government officials on...
Where the CHIPS Act money has gone - The Verge
Jun 7, 2024 · These include projects like Intel’s factories in Arizona, New Mexico, and Oregon, the $20 billion fab in Ohio, and Micron’s $ 100 billion plant in Syracuse, New York, to build memory chips.
Intel in Ohio: Biden signs CHIPS Act, paving way for more …
Aug 9, 2022 · The CHIPS Act allocates $52.7 billion in subsidies for semiconductor research and manufacture. Intel says it could quadruple its Ohio investment.