Josh Boak, Associated Press
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Biden administration announces $162 million to expand computer chip factories in Colorado and OregonPresident Joe Biden's administration is providing $162 million to Arizona high-tech manufacturer Microchip Technology to support the domestic production of computer chips. Thursday's funding announcement is the second tied to a 2022 law designed to revive U.S. semiconductor manufacturing. The incentives include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to expand a factory in Gresham, Oregon.
