President Joe Biden on Tuesday plans to visit the building site for a new computer chip plant in Arizona.
FILE - President Joe Biden speaks about manufacturing jobs and the economy at SK Siltron CSS, a computer chip factory in Bay City, Mich., Nov. 29, 2022. Biden is traveling to Arizona on Tuesday, Dec. 6.
Biden is visiting a plant under construction by the Taiwan Semiconductor Manufacturing Co. that was announced in 2020 during Donald Trump's presidency. TSMC will also announce a second plant in Arizona on Tuesday. Biden administration officials said the two TSMC plants as well as new factories by Intel, Micron, Wolfspeed and others could give a decisive edge to the American military and economy at time when competition with China is heating up.
The government's investment was key for his company's growth, and he expects to add 150 to 200 more employees next year.Computer chip company Intel has also invested in Arizona, which has become a microcosm of the nation's broader political divides. The state on Monday certified the results of this year's elections, a process drawn out by many GOP officials who falsely claim the 2020 election, in which Biden beat Trump, was rigged.
Ronnie Chatterji, White House coordinator for the chip investments, said these investments will shape entire regions of the country in ways that are overlooked now.
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