Biden calls Intel’s plan to build $20B chip factories in Ohio ‘a game changer’

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Intel has introduced that it’ll spend $20 billion on two new semiconductor factories in Ohio. The corporate says that the factories will not be prepared to begin making chips till 2025, so the information sadly will not relieve us of the chip scarcity making PC gaming so arduous proper now (which Intel estimates will proceed till subsequent 12 months), nevertheless it might be the beginning of a long run shift in chip manufacturing. Alongside the announcement, President Biden is speaking up his administration’s effort to alleviate the worldwide semiconductor scarcity by growing manufacturing within the US.

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“This can be a recreation changer,” Biden mentioned in a speech on the White Home on Friday, the place he repeatedly talked about the large impact the shortages have had on automotive producers (however not the impact it is had on PC avid gamers, for those who can consider it). Biden praised Intel for spending huge on a US-based manufacturing unit. Samsung and Micron pledged to do the identical final 12 months.

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