Biden took part in a Thursday afternoon announcement at the IBM facility in Poughkeepsie and a fundraiser at the home of New Jersey Gov. Phil Murphy in support of the Democratic National Committee.
President Joe Biden traveled to New York Thursday to celebrate a new $20 billion investment by IBM and to New Jersey for a DNC fundraiser. Marcus Solis has the story.
"The United States has to lead the world of producing these advanced chips - this law is going to make sure that it will," Biden said. The CHIPS and Science Act, which Biden signed in August, was a rare bill for which the president was able to win bipartisan support. IBM's commitment comes on the heels of chipmaker Micron announcing this week an investment of up to $100 billion over the next 20-plus years to build a plant in upstate New York that could create 9,000 factory jobs. In his remarks, Biden also celebrated Intel's plant groundbreaking in Ohio and an investment by WolfSpeed for chip production in North Carolina.
Ryan in August won a close special election to serve out the term of Democrat Antonio Delgado, who vacated his 19th District seat after he was appointed lieutenant governor by Hochul. Ryan is running for a full term in the 18th District, where he lives.
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