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President Biden announced a $19.5bn investment into Intel's chip production.
President Biden announced a $19.5bn investment into Intel's chip production, with $8.5bn in direct funding and $11bn in loans for plants in four states, including Arizona.
The deal aims to increase the US's global share of advanced chip production from zero to 20%.
Biden's move could benefit independent voters in Arizona, a crucial swing state, and boost his economy-focused policies ahead of the November elections.
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El presidente Biden anunció una inversión de 19.500 millones de dólares en la producción de chips de Intel.