CHIPS Act funding approved for Intel plant in central Ohio ...Middle East

News by : (NBC4) -
NEW ALBANY, Ohio (WCMH) – Intel now has funding through the federal government and the CHIPS act to advance its plans for a plant here in central Ohio and other plants throughout the country. The U.S. Department of Commerce said it is giving Intel up to $7.8, billion in direct funding. According to Intel, this funding coupled with a 25 percent investment tax credit that will support the company's plan to invest more than $100 billion in the United States. Intel says the money will be spent in several ways, including $56 million to help train students and a faculty at all levels to promote industry growth, $5 million to  help increase childcare availability near Intel facilities, and $

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