Feb 1, 2023, 4:00 PM EDT
Intel CEO Pat Gelsinger praises the CHIPS and Science Act for advancing the U.S. semiconductor industry to compete with China while at the World Economic Forum.
President Biden discussed his economic plan Tuesday while touring a large computer chip factory under construction in Arizona.
The economy and inflation will be watched closely this week with reports on producer and consumer prices.
Intel Corp and Brookfield Asset Management plan on investing $30 billion into chip manufacturing factories in Arizona, on the coattails of the $52.7 billion CHIPS and Science Act.
Sen. Marco Rubio, R-Fla., weighs in on the pending chips bill that would boost the semiconductor industry in the U.S., urging the Senate to reconsider its loopholes.
Nvidia CEO Jensen Huang says Intel wants them as a manufacturing partner and they're "very interested" in the prospect amid the chip crisis.
Intel is looking to tackle the technical challenges and workforce shortages in semiconductor manufacturing with a $100 million investment over the next decade to build a pipeline of talent and support research, education and workforce development across the United States.
Ohio Gov. Mike DeWine told Fox News Digital the effects of the semiconductor manufacturing facility Intel plans to build in the state.
Corporate sponsors pour hundreds of millions of dollars to advertise during the Winter Olympics in Beijing, but vice chair of the U.S. Commission on International Religious Freedom (USCIRF) has argued this equates to "sponsoring" genocide.
Big corporate sponsors are facing questions over their backing of the 2022 Winter Olympics in Beijing as China is facing heat over human rights abuses.