Governor: CHIPS Act Will Be Transformative For Ohio

(ONN ) – In Washington, a day after the US Senate, the US House passed the CHIPS Act, sending it to the president’s desk.

It’s a bill that will boost Intel’s plans for a huge chip-making operation in suburban Columbus.

That bill will provide $52 billion in grant funding for semiconductors nationwide.

24 Republicans joined Democrats in the House to vote in favor of the bill.

But not everyone voted to approve it.

There were four Ohio lawmakers in the House who voted no on the bill.

Republican congressmen Bob Latta, Jim Jordan, Warren Davidson and Brad Wenstrup all voted against the bill.

The House Freedom Caucus issued a statement saying the bill adds $79 billion to the deficit.

Ohio Governor Mike DeWine says the CHIPS Act will be transformative for Ohio.

Intel’s CEO tweeted out a statement saying, “this investment will shape the future of America’s leadership in semiconductor manufacturing and innovation. We are excited to move full speed ahead to start building Intel Ohio.”