Fairfield Reporter

State Senator Tim Schaffer has expressed support for Intel's recent funding award from the U.S. Department of Commerce under the CHIPS and Science Act. The funding, amounting to up to $7.86 billion, is intended to assist Intel in advancing its construction efforts in Ohio.

Schaffer stated, "Great news for Licking County and all of Ohio today as Intel has been awarded up to $7.86 billion from the U.S. CHIPS and Science Act. This grant will help Intel continue construction and move us closer to the Silicon Heartland becoming a reality."

He emphasized the importance of this development for national security by stating, "Intel's presence in our region will boost national security. Bringing chip-making back to the U.S. is imperative for our nation's success." In addition to this grant, Intel has also received a $3 billion contract from the federal government aimed at expanding semiconductor manufacturing for government use.

Schaffer highlighted the significance of these investments for Ohio's economy: "Today is also a pivotal one for our state's economic prosperity. I am excited for the new careers, development, and opportunities that will be available to Ohioans as a result of this historic investment."