"We're making contracts to make sure we have access to them, and we are doing things that -- we're finding out here in the United States we have assets we didn't know we had, in terms of raw material," Biden told reporters regarding plans to increase onshoring operations. "This is a truly historic investment in America and American workers."
Intel’s investment is part of its pledge to invest over $100 billion in manufacturing as part of its bid to regain its place as the top chip producer after stumbling in 2020 to fall behind Nvidia Corp. and Samsung Electronics Co. DeWine will speak more about the project Friday afternoon during an event that will be broadcast on Facebook.
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