Dive Brief:
- Two semiconductor manufacturing heavyweights warned they may have to push back domestic expansion plans as the $52 billion CHIPS Act, a signature piece of pandemic-era legislation aimed at boosting domestic chip production, languishes in Congress.
- Intel has postponed a groundbreaking that was slated to take place next month at its $20 billion Licking County, Ohio facility, said William Moss, a senior communications director for Intel.
- GlobalFoundries confirmed to Construction Dive that plans for its own plant in Malta, New York, have been overshadowed by the legislative holdup as well, even though the build is currently continuing on pace. “As we’ve said all along, our schedule will be determined by achieving the right economic model, which includes GlobalFoundries, customer, and government investment and support,” the company said in a statement.
Read More: https://www.supplychaindive.com/news/chip-manufacturers-want-federal-funding-domestic-manufacturing/626323/