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Joe Biden leaves White House for Ohio ahead of CHIPS speech on US semiconductor turbocharger industry, as Intel unveils $18 million package to educate college students in state
- Biden goes to Licking County, Ohio on Friday
- He will promote investments in a new semiconductor factory there
- Intel is expected to announce nearly $18 million that the company plans to invest
- White House timed release of new economic blueprint with the journey
- He signed legislation that will send billions to investments in the field
President Joe Biden left the White House Friday morning to travel to Licking County, Ohio, where he will comment on the groundbreaking work of Intel’s new $20 billion semiconductor factory.
It’s a round of victory for the president, who sent a bipartisan bill through Congress to put $52 billion into the US semiconductor industry — as a way to compete with China.
As part of the president’s visit, Intel is expected to announce nearly $18 million that the company plans to invest in colleges and universities in Ohio to invest in workforce development.
“This includes working with community colleges throughout Ohio, the state’s oldest historically black university, and other institutions to train thousands of workers to work in Ohio’s growing semiconductor industry,” said a senior executive.
President Joe Biden spoke to benefactors as he left the White House for Ohio Friday morning
President Joe Biden walks across the South Lawn to Marine on a Friday morning, en route to Ohio to talk about the U.S. semiconductor industry
Intel and the National Science Foundation will invest $100 million in similar programs across the country.
The company had started investing money in an Ohio-based facility as the CHIPS bill made its way through Congress.
The White House said Thursday that the facility will be built by unionized workers, creating more than 7,000 construction jobs — and will create 3,000 full-time semiconductor manufacturing jobs.
The trip to Ohio comes just as the midterms campaign has begun in earnest.
While Ohio has been friendly to Republicans in recent years — former President Donald Trump won the state over Hillary Clinton and Biden — it is hosting a Senate race this year that is surprisingly competitive.
Democrat Rep. Tim Ryan gives Republican JD Vance, the author of the widely read Hillbilly Elegy, a run for his money.
FiveThirtyEight.com Ryan has a 1.9 percent lead in his poll index — within the margin of error in surveys.
Ryan plans to attend the groundbreaking.
But so is Ohio Governor Mike DeWine, a Republican seeking reelection against Democratic challenger Nan Whaley.
DeWine recently received Trump endorsement, despite the ex-president initially trying to recruit a Republican for a primary against Ohio’s governor.
While performing on CNNDeWine acknowledged that Biden had won the 2020 election and encouraged Trump to participate in a peaceful transfer of power.