Kevin McCarthy is trying to take credit for President Biden’s infrastructure investments despite McCarthy voting against them. #kevinmccarthy #joebiden #chipsact #caught #meidastouch

Ahead of his 2024 State of the Union address, President Joe Biden said that legislation under his watch boosted private sector investment in the semiconductor industry. "I signed the CHIPS and Science Act, which attracted $640 billion in private companies’ investments that are building factories, creating jobs in America again," Biden said Feb. 12 at a Washington, D.C., conference for county officials. The White House has repeated this figure on numerous occasions, but attributed it to multiple pieces of legislation signed by Biden — not just the CHIPS Act. Economists told us that these numbers are based on company announcements and all of the spending may not come to fruition or could be years from now. Investments increased before the legislation passed. We rate this Mostly False. Read more at the link on our bio. #biden #semiconductor #chipsact #technology #economy #factcheck

We made a major announcement with the U.S. Government on March 20th, 2024. Here’s everything you need to know! #AI #USA #Tech #Intel #AIChip #ChipsAct