Semiconductors: Joe Biden inaugurates Mastodonte of Intel in Ohio

The $ 20 billion chip factory will be subsidized by the federal state, which wants to make up for Asia in the key sector of microprocessors.

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In the countryside near Columbus, in the heart of Ohio. This Friday, September 9, of monstrous bulldozers walk an immense project and the entire economic-political elite of the region made the trip. It is a question of launching the site of Intel, which will invest $ 20 billion (19.7 billion euros) to build a huge microprocessors factory and try to catch up with the Koreans of Samsung and the Taiwanese of TSMC.

The approximately 400 enmanated hosts are delighted with the project, which will create 3,000 direct and 7,000 indirect jobs, especially in construction. “With Intel, Ohio is now on the map. Our children will no longer need to go to work on the West Coast or Austin in Texas. It is a huge leap forward,” said the elected official of the Senate , the Republican Jay Hottinger, who motivates kindly with democratic colleagues, just as delighted. “The creation of jobs is a transpartisan subject, we work together.”

Joe Biden made the trip for this ceremony, a few weeks before the mid-term elections to boast the success of its industrial policy. The event had been postponed this summer, Intel refusing to launch the project until the US Congress had voted the immense Biden plan of subsidies ($ 52 billion) to the microprocessors industry, which was made July. A boon for Ohio, Midwest State which has undergone deindustrialisation since the steel crisis in the 1980s and voted largely for Republican Donald Trump in 2016 and 2020. “The industrial midwest is back”, rejoiced the American president. “It is time to bury the label belt of rust [Rust Belt] and to replace it with that of Silicon Heartland”, Heartland affectionately meaning the “deep country”.

American weakness

The project will lead to a huge construction site, with a pit 20 meters deep and which will consume, according to the vice-president of Intel, Keyvan Esfarjani, as much steel as “8 Eiffel Tours” and as much concrete than the largest skyscrapers. Intel employees are not unionized, but the site will benefit the construction workers who are. Mr. Biden spoke for a long time with them before his speech: “These people are mine, that’s where I come from,” said Democratic President. The establishment of Intel will require the training of labor, and the company has announced the financing of eight educational projects up to $ 17 million to form engineers and technicians.

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/Media reports.