GOP OHIO CONGRESSIONAL DELEGATION WANTS CHIP LAW FUNDED

GOP members of the Ohio congressional delegation asked House and Senate leaders to fully fund a law meant to address a global shortage of semiconductor chips used in phones, cars and video games.

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The request comes as multiple media reports say Santa Clara, California-based Intel Corp. intends to build a massive computer-chip factory near Columbus, the latest semiconductor company to announce expansion plans in the U.S.

The letter sent urges top Congressional leaders to fully fund the $52 billion CHIPS for America Act, allowing for stateside investment in semiconductor factories. Not only has the chip shortage disrupted the U.S. economy, it is creating a vulnerability in the country’s defense system since eight of every 10 chips are produced in Asia, the letter said.

“These products are vital to U.S. technology deployment and are critical to U.S. national security,” the letter said. “It is crucial that the United States leads in the research, development, and production of semiconductor technology.”