Intel operations in New Mexico to get big federal boost for chip production

Reuters

Center

High Factuality

Private Equity: The Woodbridge Company

Intel prepares for $100 billion spending spree across four US states

abc News

Lean Left

High Factuality

Media Conglomerate: The Walt Disney Company

Biden to tout government investing $8.5 billion in Intel's computer chip plants in four states

The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon

CNN

Lean Left

High Factuality

Media Conglomerate: Warner Bros. Discovery

Biden makes biggest CHIPS announcement yet as he sells his economic wins to Arizona amid climate worries

President Joe Biden is set to announce Wednesday one of the biggest federal investments in US chip manufacturing – a $8.5 billion grant to tech giant Intel – as he visits the battleground state of Arizona and struggles to get his key legislative accomplishments to register with voters.

The Star Kuala Lumpur

Right

Mixed Factuality

Media Conglomerate: Star Media Group

Arizona independents in play as Biden pushes big Intel investments

WASHINGTON (Reuters) - President Joe Biden's move on Wednesday to pump $19.5 billion into Intel's expanding chip-making business could pay dividends with a critical part of the American electorate his Democrats need to win over: independents in the swing state of Arizona. Read full story

The Washington Post

Lean Left

Mixed Factuality

Individual: Jeff Bezos

Biden administration awards $8.5 billion for computer-chip manufacturing

Massive grant for Intel will support factory construction in Arizona, Ohio, New Mexico and Oregon. Award is the largest yet from legislation aiming to re-shore manufacturing.