Sinema and Kelly were chief negotiators of the CHIPS Act in 2022 – historic legislation bringing semiconductor manufacturing back to the U.S., creating strong careers, and strengthening supply chains
Intel is currently building two new leading-edge fabs at its Ocotillo campus in Chandler
WASHINGTON – Arizona Senators Kyrsten Sinema and Mark Kelly announced the finalized $7.865 billion award to Intel from the bipartisan CHIPS and Science law, led by Sinema and Kelly. This award – the largest so far from the CHIPS and Science law – supports the construction of Intel’s microchip manufacturing plants in America and Arizona, creating over 9,000 good jobs in Arizona and incentivizing $100 billion in investments from Intel nationwide, restoring our leadership in microchip manufacturing and strengthening national security.
“I was proud to lead our bipartisan CHIPS and Science Act into law – directly fueling Intel’s finalized investment in Arizona – building lasting careers for Arizona families and ensuring Arizona continues to lead our country into the future,” said Sinema, a chief negotiator of the CHIPS Act.
“Intel’s finalized agreement marks another transformative step for Arizona in global semiconductor manufacturing,” said Kelly. “These historic investments will accelerate Intel’s leadership in Artificial Intelligence and next generation computing, bolstering America’s position in microchip innovation and national security, while creating thousands of good-paying jobs.”
Arizona is home to Intel’s largest domestic manufacturing footprint. The company has four microchip plants in the state and is building two new plants in Chandler. Today’s announcement will fuel 3,000 manufacturing jobs and over 6,000 construction jobs in Arizona as the state becomes a global hub for microchip development, testing, manufacturing, and packaging. In addition to the $7.865 billion award, Intel will also receive up to$11 billion in loans through the CHIPS and Science law.
Sinema and Kelly worked for nearly two years to negotiate and champion the CHIPS and Science Act, a $52 billion plan to boost domestic microchip manufacturing. Thanks to their leadership, Arizona is well positioned to become a global hub for microelectronics research, development, testing, manufacturing, and packaging. With new semiconductor facilities being constructed in Maricopa County, Arizona workers are already feeling the impact of this historic law.
In June 2020, Sinema first introduced the CHIPS for America Act with Senators John Cornyn (R-Texas) and Mark Warner (D-Va.) to bring semiconductor manufacturing back to the United States. The CHIPS and Science Act included the funding to make Sinema’s CHIPS in America Act operational. Sinema was instrumental in passing the bipartisan CHIPS and Science Act into law, partnering with Republican Senator Todd Young (Ind.) to prevent the legislation from partisan collapse on the Senate floor.
Since the passage of the CHIPS and Science Act, more than $60 billion in private investment for 38 semiconductor industry projects have been announced in Arizona. Last year, Amkor Technology, Inc., the world’s largest U.S.-headquartered outsourced semiconductor assembly and test service provider, announced a $2 billion investment in a new advanced packaging facility in Peoria.