Rep. Sykes Celebrates $8.5 Billion Dollar CHIPS Grant For Intel
WASHINGTON, D.C. — Today, U.S. Representative Emilia Sykes (OH-13) celebrated the news that the U.S. Department of Commerce is set to award $8.5 billion in funding from the CHIPS and Science Act to Intel to strengthen the U.S. supply chain and reestablish American leadership in semiconductor manufacturing. This includes billions coming back to Ohio where Intel is investing more than $28 billion to build two new chip factories in New Albany, creating 3,000 manufacturing jobs and 7,000 construction jobs.
“Once again, the CHIPs and Science Act is providing our communities with the resources needed to ensure Ohio remains the heart of America’s manufacturing industry. This major, multi-billion-dollar investment will boost our entire state’s economy, lower costs for Northeast Ohioans, and create thousands of good-paying, union jobs right here at home,” said Rep. Sykes.
Rep. Sykes is a member of the House Science, Space, and Technology Committee, which oversees the implementation of the CHIPS and Science Act.