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Re: 3xBuBu post# 459

Friday, 07/01/2022 2:05:13 PM

Friday, July 01, 2022 2:05:13 PM

Post# of 489
Ohio Governor DeWine says Intel delay on $20 billion chip plant is about ‘leverage’
https://www.cnbc.com/2022/07/01/ohio-governor-intel-delay-on-20-billion-chip-plant-about-leverage.html

Ohio Gov. Mike DeWine still has high hopes for Intel, even after the company announced that its plan for a massive semiconductor plant east of Columbus could see its scope scaled back or construction delayed.

“I truly believe that this is the Midwest’s time. I believe it’s Ohio’s time,” DeWine, a Republican, said in an interview.

Intel said it was canceling a July 22 groundbreaking ceremony at the site while the company waits for Congress to pass the CHIPS Act, which includes $52 billion in assistance to the U.S. semiconductor industry to revitalize a key segment of the domestic supply chain.

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