Biden Urges Congress to Pass Chips Bill as Global Shortage Persists
- President says lawmakers should back $52 billion in funding
- Biden praises Intel’s plans for a semiconductor plant in Ohio
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President Joe Biden praised Intel Corp. for plans to build a new semiconductor plant in Ohio and urged Congress to pass stalled legislation that would provide $52 billion for chip research and manufacturing in the U.S. amid a global shortage.
“I want other cities and states to be able to make announcements like the one being made here today,” Biden said Friday at the White House, flanked by Intel Chief Executive Officer Pat Gelsinger. “And that’s why I want to see Congress pass this bill right away and get it to my desk.”