By AFP 09 September 2022 | 8:25 pm President Joe Biden said Friday at a ceremony to break ground on a semi-conductor plant that making sophisticated computer chips is an issue of US national security in the face of an assertive China. US President Joe Biden speaks on rebuilding US manufacturing through the CHIPS and Science Act at the groundbreaking of the new Intel semiconductor manufacturing facility near New Albany, Ohio, on September 9, 2022. (Photo by SAUL LOEB / AFP) President Joe Biden said Friday at a ceremony to break ground on a semi-conductor plant that making sophisticated computer chips is an issue of US national security in the face of an assertive China. “All of this is in our economic interest, and it’s in our national security interest as well,” Biden said at the site where Intel plans to build a $20 billion factory. Biden made the trip to highlight recent legislation passed at his behest setting aside $52 billion to boost US semiconductor production. He said the initiative was part of the broader rivalry between the United States and China. “It’s no wonder… that the Chinese Communist Party actively lobbied US business against this law,” Biden said, with heavy machinery looming in the background. Biden said the US will need state-of-the-art engineering “for the weapon systems of the future that are only going to be more reliant on computer chips.” “Unfortunately, we produce zero, zero of these advanced chips in America,” Biden said. Biden’s visit here also had a political component as the US midterm elections of November approach. Ohio is a Rust Belt state where blue collar factory workers historically tended to vote Democrat but turned to the Republican Party and Donald Trump as industries died out and workers felt left out by globalization. Latest 18 mins ago Leading marketer and exporter of alcoholic and non-alcoholic beverages, Grand Oak Limited, recently treated key stakeholders and distributors to a full day of fun, capacity development and team bonding, at its annual distributors conference, held at the Lagos Marriott Hotel, Ikeja. 34 mins ago Over 150 fencers are expected to participate in the inaugural Men’s EPE World Satellite Fencing Championship (Knights) billed to start at Continental Hotel, Victoria Island, Lagos, today. 1 day ago The federal government has issued a directive to all Ministries, Departments and Agencies, ( MDAs), of government including all foreign missions, to fly the national flag at half mast on Sunday, September 11 and Monday, 12th, 2022, in honour of the passing of Queen Elizabeth II, the sovereign of the United Kingdom, (UK), and Chairman… 1 day ago In his first public address since Thursday afternoon’s passing of the longest reigning British monarch in history, Queen Elizabeth II, in her home in Balmoral estate in Scotland, her eldest son, King Charles III – formerly Prince Charles till yesterday – paid tribute to his “beloved mother” in a recorded video message. 1 day ago President Joe Biden said Friday at a ceremony to break ground on a semi-conductor plant that making sophisticated computer chips is an issue of US national security in the face of an assertive China.
Comments