Ohio Gov. Mike DeWine defends subsidies for computer chip manufacturers like Intel

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Ohio Gov. Mike DeWine defends subsidies for computer chip manufacturers like Intel
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When asked whether the U.S. Commerce Departments’ requiring bidders for CHIPS Act funding to provide child care to employees to qualify for subsidies made him uncomfortable, DeWine said Intel had planned to do so whether it was required or not.

warrants U.S. government subsidies for key industries like computer chip makers, Ohio Gov. Mike DeWine said Thursday.

“We don’t want to have a command and control economy where the federal government is always picking winners and losers, but I think doing it strategically, where it makes sense,” DeWine said in aon U.S. industrial policy. “If we don’t do it, we’re gonna pay a huge price and frankly, already have paid a price.”

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