Arizona independents in play as Biden pushes big Intel investments.

President Biden's $19.5bn investment into Intel's chip-making business aims to create thousands of jobs in Arizona, a critical swing state for November's elections. The agreement to provide Intel with $8.5bn in direct funding and $11bn in loans for computer chip plants in four states is expected to help the US boost its global share of advanced chip production from zero to 20% and create 30,000 manufacturing and construction jobs.

March 20, 2024
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