"Biden Secures Billions for Intel, Trump's Job Loss to China Highlighted"

President Joe Biden announced a $20 billion award to Intel Corp, emphasizing his investments in US industries and criticizing Donald Trump's economic policies. The funds, part of the 2022 Chips and Science Act, aim to support domestic manufacturing and strengthen the US economy. Biden is using federal dollars and his platform to showcase the results of his plans, particularly in swing states like Arizona. Intel's CEO, Pat Gelsinger, highlighted the importance of securing America's leadership in semiconductor production, while acknowledging the political challenge of delayed benefits for local communities.