Kansas Newspaper Raided Over Leaked DUI Intel About Local Restaurateur

Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production

Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production. On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. . Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. . This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement. Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse. Schumer referred to the plan as "quite a great return" on the government's investment. A factory will also be built in Boise, Idaho, NPR reports. . That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029. The White House estimates that the projects could create 20,000 jobs in construction and manufacturing. in addition to "tens of thousands of indirect jobs in the regions," NPR reports. . The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung

Biden Announces Deal With Taiwan’s TSMC to Ramp Up US Chip Production

Biden Announces Deal With Taiwan’s TSMC , to Ramp Up US Chip Production. On April 8, the White House said that it has reached an agreement with TSMC to help build new semiconductor manufacturing facilities in Arizona, 'The Hill' reports. . The Biden administration will provide up to $6.6 billion in funding via the CHIPS and Science Act. The president said that the money will “support the construction of leading-edge semiconductor manufacturing facilities right here in the United States.” . Funding would also go toward training local workforces at the new facilities. A year and a half ago, I toured the site of TSMC’s first new fab in Phoenix, Arizona, President Joe Biden, via statement. TSMC’s renewed commitment to the United States, and its investment in Arizona.., President Joe Biden, via statement. ... represent a broader story for semiconductor manufacturing that’s made in America and with the strong support of America’s leading technology firms to build the products we rely on every day, President Joe Biden, via statement. America's ability to produce its own microchips remains a key area of concern for Biden. The CHIPS and Science Act, which was passed with bipartisan support in 2022, is intended to make the U.S. less dependent on foreign suppliers. The White House has also made agreements with Intel, GlobalFoundries and Bae Systems, 'The Hill' reports.

Intel’s Chip-Making Unit Posts $7 Billion Operating Loss

Intel’s Chip-Making Unit , Posts $7 Billion Operating Loss. On April 2, Intel disclosed that its chip manufacturing unit endured "$7 billion in operating losses for 2023," Reuters reports. The year before, the unit had operating losses of $5.2 billion. Revenue for 2023 was $18.9 billion, a 31% decline from the prior year. Intel shares dropped 4.3% after the disclosure. Chief Executive Pat Gelsinger told investors that this year would be the worst for Intel's chipmaking business. Gelsinger expects the company "to break even on an operating basis by about 2027," Reuters reports. . He also said that the foundry business was affected by bad decisions such as not utilizing extreme ultraviolent (EUV) machines a year ago. . Intel has since adopted the use of EUV tools which will increase production. In the post EUV era, we see that we're very competitive now on price, performance (and) back to leadership, Chief Executive Pat Gelsinger, via Reuters. And in the pre-EUV era we carried a lot of costs and (were) uncompetitive, Chief Executive Pat Gelsinger, via Reuters

Biden Administration to Invest $8.5 Billion in Intel’s Computer Chip Plants

Biden Administration to Invest $8.5 Billion , in Intel’s Computer Chip Plants. Biden Administration to Invest $8.5 Billion , in Intel’s Computer Chip Plants. In addition to $8.5 billion in direct funding, $11 billion will be provided in loans. The money will come from the CHIPS and Science Act. The funds will go toward "computer chip plants in Arizona, Ohio, New Mexico and Oregon," CBS News reports. . According to Intel, the new funding and other investments will create a total of 30,000 jobs in manufacturing and construction. According to Intel, the new funding and other investments will create a total of 30,000 jobs in manufacturing and construction. The deal will help the U.S. to produce 20% of the most advanced computer chips in the world by 2030, according to Commerce Secretary Gina Raimondo. Failure is not an option — leading-edge chips are the core of our innovation system, especially when it comes to advances in artificial intelligence and our military systems, Commerce Secretary Gina Raimondo, on a call with reporters. We can't just design chips. We have to make them in America, Commerce Secretary Gina Raimondo, on a call with reporters. Biden's funding announcement comes amid a heated presidential campaign. Administration officials want to get chip technology funding "out the door as quickly as possible so that the Biden campaign can point to concrete progress on one of the White House's signature programs," analysts say. Intel CEO Pat Gelsinger called the CHIPS Act "the most critical industrial policy legislation since World War II.". We think of this as a defining moment for the United States, the semiconductor industry and for Intel, Intel CEO Pat Gelsinger, via statement

Deadly Storms Forecast to Cross 1,000 Miles of the US

Deadly Storms , Forecast to Cross , 1,000 Miles of the US. 'Newsweek' reports meteorologists have warned that a life-threatening storm could impact millions of people across the central United States this week. On April 23, AccuWeather issued a warning regarding , "one of the most widespread severe weather events so far in 2024.". According to AccuWeather, the incoming storm , "will unleash tornadoes, hard-hitting hail and damaging winds across a dozen states.". On April 25, the first storm of the system is set to arrive, closely followed by subsequent storms expected to last throughout the weekend. AccuWeather warned the storms are expected to pose a , "significant risk to lives and property.". All modes of severe weather are likely with the multiple-day event in the central U.S, Bernie Rayno, AccuWeather Chief On-Air Meteorologist, via 'Newsweek'. Two storms, off the Pacific coast on Tuesday, will swing across the West and cause moisture to surge northward from the Gulf of Mexico while, at the same time, temperatures surge, Bernie Rayno, AccuWeather Chief On-Air Meteorologist, via 'Newsweek'. 'Newsweek' reports that the states at greatest risk are:, Illinois, Indiana, Iowa, Missouri, Arkansas, Oklahoma, Kansas, Kentucky, Tennessee, Mississippi, Louisiana and Texas. According to AccuWeather, the storm is expected to cross an estimated 1,000 miles on April 26, passing into central Texas all the way from southern Minnesota. . In addition to dangerous storm conditions, the National Weather Service has warned that critical fire weather conditions, "will also be present across parts of the Southwest into the southern High Plains."

This Day in History: First Cases Reported in Deadly Influenza Pandemic

This Day in History: , First Cases Reported in Deadly Influenza Pandemic. March 11, 1918. Private Albert Glitchell reported flu-like symptoms at the Fort Riley hospital in Kansas. Hours later, more than 100 soldiers on the base reported symptoms. The virulent influenza spread to other army bases, prisons and then across the Atlantic, where World War I continued to rage. The virus came to be known as Spanish flu. The influenza was responsible for eight million deaths in Spain. Even after the end of the war, Spanish flu continued to wreak international havoc. 28 percent of Americans became infected. 675,000 Americans died. Worldwide, deaths due to the Spanish flu pandemic are estimated between 20 and 50 million

More and More US Locations Offering Lucrative Relocation Programs

More and More , US Locations Offering , Lucrative Relocation Programs. CNN reports that a growing number of smaller cities and towns in the United States have started offering relocation packages to attract potential new residents. Perks can include financial incentives, free gym memberships, access to co-working facilities and even a dinner with the mayor. . The most lucrative of these relocation incentives have reportedly offered as much as five figures. . MakeMyMove.com is an online marketplace connecting remote workers with locations across the U.S. that are offering relocation packages. In 2023, over 50,000 people applied for programs through the platform. . In 2018, Tulsa Remote became the first company to offer a $10,000 relocation package to entice remote workers and entrepreneurs to relocate. Ascend West Virginia offers a $12,000 cash incentive, along with a number of outdoorsy perks, to attract people to a number of Ascend communities. CNN reports that Indiana has been one of the most ambitious when it comes to offering relocation benefits. . According to MakeMyMove.com, there are dozens of Indiana cities offering incentive packages, including Noblesville and Evansville. Other locations with relocation programs in place include: Kansas, Kentucky, Alabama, New York and Alaska. . Other locations with relocation programs in place include: Kansas, Kentucky, Alabama, New York and Alaska. . Other locations with relocation programs in place include: Kansas, Kentucky, Alabama, New York and Alaska.