The cope in the comments is real. "There are milestones!"
Yeah, those milestones were for Intel making chips in a couple months. They're just now building water towers to provide water from (what I assume is) Columbus to fuel the plant. There's one on 161 that's partially built. 1.
An AMD plant would have been a better investment anyway.
AMD doesn't make anything these days. They sold their foundries off years ago because actually making chips is costly and time-consuming.
Intel is set to receive $7.9 billion in funding from the federal government through the CHIPS Act, but the company must reach certain milestones, from construction to starting production. The CHIPS Act was a bill put forth by President Biden that received bipartisan support to bring chip production back to the U.S. Reports indicate that President Trump is delaying payments and looking to renegotiate terms of some of the deals with chipmakers set to receive funding, potentially slowing down Intel at a time when rivals are only speeding up.
So God-Emperor Trump has decided to make some businesses earn their corporate welfare.
Looks like Intel was betting on Kammy.
https://www.opensecrets.org/orgs/intel-corp/summary?id=D000000804
I'm sure they were. But they were also expected to be operational in a few months. Not...maybe 6 years.
