Biden to tout government investing $8.5B in Intel’s computer chip plants in four states

News Snapshot:

WASHINGTON — The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon. President Joe Biden plans to talk up the investment on Wednesday as he visits Intel’s campus in Chandler, Arizona, which could be a decisive swing state in November’s election. He has often said that not enough voters know about his economic policies and suggested that more would support him if they did know. Commerce Secretary Gina Raimondo said the deal reached through her department...