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The question of whether the U.S. government is doing enough to level the playing field between domestic chip companies and the competition is another entirely. Many industry experts Iu2019ve spoken to over the past few years have suggested that, while these initiatives are a good start, they donu2019t do nearly enough to cover the gap between U.S. manufacturing and the head start enjoyed by the likes of TSMC. One also has to account for the amount of time it will take many of these factories to come online.</p>n

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Notably, Intel recently pushed back</a> the manufacturing start date of its New Albany, Ohio, plant two years to 2027, citing changes to the business environment. As of the report, the company has spent $1.5 billion and had u201c69 employees from 14 Ohio counties working at the project site, and construction workers from 75 of Ohiou2019s 88 counties have contributed to the project to date.u201d Not the sorts of figures that are moving the needle on jobs reports just yet.</p>n

Additional sites are planned for Chandler, Arizona; Rio Rancho, New Mexico; and Hillsboro, Oregon.</p>n”,”protected”:false},”excerpt”:{“rendered”:”

Well before President Joe Biden signed the CHIPS and Science Act into law back in August 2022, Intel has been a cornerstone of U.S. efforts to increase domestic chip manufacturing. This morning, the White House announced an agreement with the Department of Commerce that would deliver the silicon giant up to $8.5 billion to shore […]</p>n”,”protected”:false},”author”:699688,”featured_media”:2262083,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:{“amp_status”:””,”relegenceEntities”:[],”relegenceSubjects”:[],”carmot_uuid”:”3224a4ff-ed96-3da2-b048-c38851e4c83c”,”footnotes”:””,”apple_news_api_created_at”:”2024-03-20T10:12:16Z”,”apple_news_api_id”:”1386ae19-7ed5-45f0-8795-a93eb6f00269″,”apple_news_api_modified_at”:”2024-03-20T10:12:16Z”,”apple_news_api_revision”:”AAAAAAAAAAD//////////w==”,”apple_news_api_share_url”:”https://apple.news/AE4auGX7VRfCHlak-tvACaQ”,”apple_news_coverimage”:0,”apple_news_coverimage_caption”:””,”apple_news_is_hidden”:false,”apple_news_is_paid”:false,”apple_news_is_preview”:false,”apple_news_is_sponsored”:false,”apple_news_maturity_rating”:””,”apple_news_metadata”:””””,”apple_news_pullquote”:””,”apple_news_pullquote_position”:””,”apple_news_slug”:””,”apple_news_sections”:””””,”apple_news_suppress_video_url”:false,”apple_news_use_image_component”:false},”categories”:[577047203,449223024],”tags”:[262248,576982768,12068],”crunchbase_tag”:[],”tc_stories_tax”:[],”tc_ec_category”:[],”tc_event”:[],”tc_regions_tax”:[],”yoast_head”:”n

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White House proposes up to $8.5B to fund Intelu2019s domestic chip manufacturing | TechCrunch</title>nnnnnnnnnnnnntntntnnnnnntntntn

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