Intel To Build $20B Ohio Chip Facility Amid Global Shortage

The video discusses the impact of the supply chain crisis on various industries and highlights Intel's $20 billion investment in Ohio to build a microchip facility. President Biden supports this move with a $52 billion bill to boost domestic chip production, reducing reliance on foreign countries. The video also covers the historical context of chip manufacturing in the USA and the need for innovation to revitalize the industry.

What is the amount Intel plans to invest in building a new microchip facility in Ohio?

How many jobs is the Intel project expected to create in Ohio?

What is the purpose of President Biden's proposed $52 billion bill?

Why does President Biden emphasize the need for more microchips to be produced in the USA?

What has been the impact of the microchip supply chain crisis on various industries?