Chips bill that could ramp up Intel project clears U.S. House, opposed by 4 Ohio Republicans
Intel has picked Greater Columbus to develop what could be the world's largest computer chip operations, .All but four Ohio members of the U.S. House voted Thursday to provide billions of dollars for semiconductor manufacturers that Intel leaders have deemed critical to the The bill, known as the CHIPS Act, heads to President Joe Biden's desk for his signature after it alsothis week.
GOP Reps. Jim Jordan, Warren Davidson, Brad Wenstrup and Bob Latta voted against the bill after House Republican leaders urged their members to oppose it. But it had support from the rest of the Ohio delegation."My vote in favor of the CHIPS Act was a vote to support a once-in-a-lifetime investment in Ohio; protect critical national security interests; and provide opportunities for the people I represent by bringing good-paying jobs back to America," said U.S. Rep.
Semiconductors play an increasingly vital role in powering today's economy. The tiny chips, typically as small as a fingernail, power everything from cell phones and appliances to military equipment vital to the nation's defense. Proponents say the CHIPS Act is necessary to help businesses fill supply chain gaps and make the U.S. more competitive. The U.S. once produced 37% of the world's computer chips, but that's fallen to 12% because of high production costs and manufacturing investments by other countries,
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