- Biden announces $8.5 billion microchip grant to Intel as he sells economic wins to Arizona amid climate worries. The funding comes from the CHIPS and Science Act, one of Biden’s biggest legislative wins. The Intel investment, spread across the four states, will create nearly 30,000 jobs. https://www.cnn.com/2024/03/20/politics/chips-act-intel-funding-biden/index.html 11 comments economy