![](https://whybiden.com/wp-content/uploads/2024/05/microchip-5881456_1280-1024x682.jpg)
President Joe Biden announced his $8.5 billion investment in Intel chip manufacturing plants, courtesy of the CHIPS and Science Act. This investment, along with many others like it, will create high paying jobs (many without the need of a college education) in Arizona and elsewhere. It is also part of the long term solution to the supply chain problems the US suffered at the beginning of Biden’s presidency.