Sinema’s bipartisan CHIPS For America Act – which is now law – restores America’s leadership in semiconductor manufacturing
Intel’s $20 billion investment in Arizona follows passage of Sinema’s bipartisan law
WASHINGTON – Following passage of her bipartisan CHIPS For America Act, Arizona senior Senator Kyrsten Sinema welcomed Intel’s announced $20 billion expansion in Arizona and applauded the thousands of Arizona jobs the move creates.
Intel’s expansion, one of the largest in the state of Arizona, is partly a result of Sinema successfully passing into law provisions of her bipartisan CHIPS for America Act last year. Sinema’s legislation restores America’s leadership in semiconductor manufacturing, boosting Arizona innovation and creating good-paying jobs across the state.
“Today’s announcement by Intel is proof that our legislation investing in semiconductor manufacturing helps grow Arizona’s economy, creates good-paying jobs across our state, helps enhance our national security, and ensures our country continues to lead in innovation. I am proud our success getting the CHIPS for America Act signed into law helped pave the way for today’s expansion, and I remain committed to continuing bipartisan work boosting Arizona’s economy,” said Sinema.
Sinema’s bipartisan Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act will restore American leadership in semiconductor manufacturing by establishing Federal grants to enable advanced research and development, securing the supply chain, and ensuring long-term national security and economic competitiveness. Provisions of the CHIPS for America Act were included in the 2020 National Defense Authorization Act
Today, Intel announced a $20 billion expansion of their U.S. manufacturing operation with two new factories in Arizona, creating over 3,000 permanent, high-wage jobs and over 3,000 construction jobs with planning and construction activities beginning in 2021. The expansion is also set to support an estimated 15,000 indirect jobs in Arizona communities. Intel’s commitment to Arizona and America-made semiconductor manufacturing will help the United State meet future semiconductor needs and shores up our national security.