Biden calls Intel plan to build $20B chip factory in Ohio a ‘game changer’

Intel announced that it will spend $20 billion to build two new semiconductor factories in Ohio. The company says factories won’t start producing chips until 2025, so sadly, this news doesn’t allay our concerns about the chip shortage that’s making PC gaming so difficult right now (Intel estimates that will continue into next year) ), but this could be the start of a long-term shift in chip manufacturing. In addition to the announcement, President Biden was also talking about his administration’s efforts to ease the global semiconductor shortage by increasing U.S. production.

“It’s a game changer,” Biden said in a speech at the White House on Friday, referring repeatedly to the shortage’s huge impact on automakers (but not its impact on PC gamers, if you can believe it). Biden praised Intel’s huge investment in U.S. factories. Samsung and Micron also pledged to do the same last year.