Intel has been making successful processor chips for the last half century (with the 4004 microprocessor in 1974). China seems intent on to taking over Tiawan, the producer of a high percentage of all of the chips used in the US. This may take place in the near term, maybe even while Biden is still in office.
This plant should not be delayed. If there were ever a case to use the Defense Production Act to accelerate this plant, this is it. The US should give Intel a carryover loan to continue this plant, and charge no interest until it is producing a profit from it.
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that would be a maga move...not a biden move
Intel is the enemy of civilization:
https://download.intel.com/newsroom/kits/diversity/pdfs/Intel_LGBTQ_Initiative_backgrounder.pdf
https://www.intel.com/content/www/us/en/corporate-responsibility/social-equity.html
Only Americans are dumb enough to subsidize people who hate our guts.