app, or online at c-span.org. president biden announced a preliminary agreement to provide over 6 billion in funding for the chips and science act and $125 billion for sme menu -- semiconductor manufacturing company to build in upstate new york and idaho. it is expected to create 70,000 jobs.

>> on behalf of all of my colleagues, [indiscernible] thank you very much. pres. biden: thank you. [indiscernible] used to be 40. >> macron has been a leader. pres. biden: you have. >> and the chips act being

announced today, we will have manufacturing in boise, idaho, bringing market benefits to technology, and then they will grow into these large scales. with 6.1 billion, it unleashes 50 billion of investments to build. 2026 to start production. it is the design, needed by approval, and this will be ramping into production in 2028 timeframe. of course, as we build our staff

and continue to maintain leadership and efficiency, we have 100 billion investments in new york, so macron is clearly -- micron is clearly a quality leader in the world today. many investigators look at industry leadership, and, yet, we would like to bring it all to new york. memory has been everything. pres. biden: think of all that is going to happen in the community. everything. >> in fact, we talk about it because each construction job

will be led here to this region, and investments are made into more than 20,000 jobs so i love the work being done, and how to build a workforce of the future, a lot of these engagements with community partners talk about it, and it is also about bringing the semiconductor your infrastructure here. [indiscernible] pres. biden: single biggest investment ever. >> in new york and idaho. >> this will be the largest semi conductor manufacturing plant in the united states. >> and with memory chips. >> it is a key enabler of ai.

>> [indiscernible] >> also mentioned, how we are going to work to build a vibrant ecosystem for the buyers, materials and construction in the u.s. so in construction, one of these facilities requires as much steel as the golden gate bridge. and we are approaching that here in the united states.

we have two pla's, the first announced in 2022, even as we were selecting new york state, before congress made that part of their scoring, micron partnered here in new york for the largest scale in america, and then recently in idaho, as well. and we are using some of the cutting edge techniques where we are using generative ai to optimize sequencing to keep our projects on schedule, and we are absolutely driving innovation, making the u.s. more competitive. in terms of suppliers, as mentioned, memory is everywhere, the largest segment in any industry, which means memory drives supply chain materials,

and we partner with the consumer and the state of new york, the governor, and the fa two weeks ago during the statement to host 2000 japanese suppliers, i talked about the supply chain in the northeast and northwest. and in terms of the domestic -- >> [indiscernible] the point is to come in and invest. >> in terms of the domestic supply chain, since we were here last time in october of 2022, micron has had more than 1700 of the suppliers to try them right here in new york, and i'm proud to tell you that almost 48% are minority owned businesses, and we have commitments of

eligibility, 30% logo towards. >> [indiscernible] >> as you can imagine, 75,000 jobs, and we have of course started with [indiscernible] we did our first science camp in spanish last fall here. we are making sure get to the kids who traditionally are left out of science careers, so we are working really hard to make sure we expand our reach here. we will have 800 kids come through our science camp this

year before we even have anything in the ground. you can see this beautiful exhibit. we have opened this ribbon-cutting on the exhibit that opens in july. the county executive and i have done many town halls all across the region, and one thing we continue to hear, it is great that you're giving to the kids but what about the parents? how do we educate parents? so this exhibit is designed to educate people of all ages, making everyone part of this exciting expansion and opportunity, so very exciting. of course, half of our jobs do not require a four-year degree, so it is incredibly important. we are investing $5 million in opc.

pres. biden: [indiscernible] >> well, i was there yesterday. northern virginia college, we had the apprenticeship program in virginia. i don't think your wife was teaching class yesterday, but we are launching apprenticeships in virginia, we have launched it in idaho, and we will do the same on the opc campus. we have already hired 26 students from around the region, six from syracuse, and a few other schools this summer, and we are sending them to our other schools across virginia. pres. biden: this will be the most well-kept secret. [indiscernible] >> [indiscernible] c-span.org >> [indiscernible]

but other business companies. >> if you look at what micron has done, they are the most progressive in terms of job training, reaching out to underprivileged people, in terms of childcare, and talking to the unions, too. they are ahead of everyone else. >> can you talk about something near and dear to my heart? the fact you are working on childcare, i have always said childcare needs to be part of

the strategy of a solid economy, and we need more women in the workforce. >> so we will have childcare facilities for manufacturing facilities. in boise, we are opening it up in september, and we get it started in september with 100 there, and we will have a disability appeared sewer adjacent to the height. it will be less than one mile away, and we will open that up at the same time. pres. biden: that is enormous economic growth. >> and a portion of women are left out of the workforce because they don't have access to reliable childcare. we know that we need to take care of our workers, but we also

have that community capacity, and that is the best investment. pres. biden: [indiscernible] >> people need in-home childcare, daycare, community daycare, so they have made other investments in the community, as well, so we are all in, taking a holistic approach to make sure everyone has access in these careers, underserved communities, and we are removing barriers so you can get the training. >> [indiscernible] a lot of work ahead. ♪

♪ pres. biden: hello, hello, hello. [cheers and applause] good to be back in syracuse. i fell in love with this place, but i fell in love with a girl before i did that. thank you for the introduction thank you for your brothers and sisters in the building trades and what they are doing to help build the future here in syracuse. before i start, want to honor

two officers, two fallen heroes who were killed in the line of duty. lieutenant michael houghton and syracuse police michael jensen. we pray for their loved ones whose hearts have been broken. every time a police officer puts on that shield every morning, their husband or wife, whoever it is, a child, worries about when they get that phone call, when they get that phone call. i got one of those phone calls under a different circumstance. you find out you have lost part of your soul, lost part of your heart. the entire syracuse community is grieving, and we are grieving with you. to the men and women in law enforcement here and across the country, you represent the best of us, you really do. it is one of the toughest jobs in america, one of the toughest jobs. and to their families, i say my heart goes out to you. thank you, and god bless you all. folks, i want to thank governor hogle for having us here today and for her partnership. thanks to chuck schumer for this project we are here to talk about today. good to be back in place that month so much to me in my life. i want to think the governor of idaho and the boise mayor for joining us.

qualcomm ceo, thank you for your leadership and investment in america. a couple hundred, billions of dollars -- [laughter] we have seen your work. and all the union leaders here, including the federation of teachers. thank you for showing the world that we can do big things again in america. over the years, i have asked business leaders, because parts of my team criticize me from wanting to make these investments, things like the infrastructure bill, over $1 trillion, and we have an infrastructure decade coming. last time i had infrastructure week, and it never showed up. [laughter] but i was told, you know, this is government intervention. said, sure as hell is. [cheers and applause] it is not a joke. when the federal government

makes a multibillion dollar investment, it can either encourage or discourage you from getting engaged. overwhelmingly, those say overwhelmingly yes, it encourages me to get engaged. and those of you are here today. and supply chains, you may remember we had a global shortage of semiconductors. smaller than the tip of your finger, now even smaller than that. smartphones the cars to dishwashers, satellites, we invented those chips here in america. we invented them. we made them move, modernized them. but we used to have 40% of this market, but over time, we stopped making them. so when the pandemic shut down chip factories overseas, everything went up. here at home, that semiconductor shortage grew one third of the surge in inflation in 2021, caused waiting lines for all kinds of products. i am never going to let us be vulnerable to wait lines again because we are going to make it here in america. [applause]

by the way, that is not hyperbole. that is literal. together, we took action to make sure these chips were made in america again, creating tens of thousands, and i mean tens of thousands of good paying jobs. 2022, together with leader schumer, we wrote the chips and science act and invested a significant amount of money. we used to do that, and we will do it again. a significant sign of technology and investment in our history. two months later, i came to celebrate a historic plant and build the biggest semiconductor manufacturing site in the world. it is the size of 40 football fields, 40 or they will have to fit four carrier domes inside

and still have space left over. today, i am pleased to announce we are building on that commitment with a landmark preliminary agreement between my administration and a major chip manufacturer which is building here in upstate new york. 6.1 billion dollars in chips funding, paired with $125 billion from macron to move these facilities to new york and the headquarters in idaho. [applause] it has been mentioned before, the single biggest investment ever in the history of these two states, idaho and new york. not far from here in new york, it will help build two to four many factoring facilities planned by micron labs. and new manufacturing labs, as well. in all, over 70,000 jobs will be created across both states, at

least 9000 of which are construction jobs, 11,000 manufacturing jobs, tens of thousands more up and down the supply chain food includes 9000 permanent micron manufacturing jobs right near here in clay. many of them paying, get this, $100,000 a year, and it does not require a college degree. [applause] these projects are governed by the largest agreement in states history, and let's make sure the work is done on time into the highest quality and most significant safety standards. i am pleased that micron is planning to sit down with unions to discuss the labor piece. that is not all. i know i'm criticized as the

most pro-union president in history. but guess what, middle built this country, and unions built the middle class. [cheers and applause] these brand-new facilities are going to produce the most significant it, powerful, leading-edge chips in the entire world. each one has trillions, not billions, trillions of tiny features, each 4000 times thinner than a single hair on your head, and i have some very thin hair on my head. [laughter] they require manufacturing position down to the size of an atom. they process an enormous amount of information at lightning speed. they are critical to the

emerging technology that will power tomorrow's economy, like intelligence and advance communication. they will make everyday things faster, lighter, smaller, more reliable. and it is about time. even though america invented these advanced chips, we do not make any of them today, zero. all manufacturing moved to asia years ago of these leading-edge chips, and that is why today is such a big deal. and it is a big deal. we are bringing advanced chips manufacturing back to america after 40 years. it will transform the semiconductor industry. it will create an entire new echo system in research, design, manufacturing for advanced chips here in america -- it will create an entire new ecosystem. when i say we become the manufacturing world leader again, some of you looked at me like i was crazy. where the heck is it written that american manufacturing will not be the capital of the world again? it is going to be.

we already created nearly 800,000 800,000 manufacturing jobs since i took office. we're just getting started. that is a fact, we're just getting started. it is not just about investing in america, it is about investing in the american people, as well. [cheers and applause] and that includes training folks for these high-paying jobs, highly skilled jobs that were created. to do that, we are bringing employers, unions, community colleges, high schools together, working closely to learn the skills hands-on. my wife jill cares a lot about this, as well, teaching at a community college right now. last year she announced initiatives in pittsburgh, phoenix, and other areas, and thousands of workers will be trained in these facilities. today, four new programs, one in detroit and lansing, michigan, folks will make electric cars,

one in philadelphia, when in -- one in milwaukee. and here in syracuse, a new hub. we will train semiconductor workers for the future. [applause] and i know that micron is partnering with the american federation of teachers to develop curriculum for high schools in new york state. think about it for those of you as young as me, in your 40's or so, how many schools still have shop? how many folks learn to work with your hands? a significant number of public schools did away with it. so many young people who are qualified and want to and are capable were never going to know that they had that capacity. well, i want to thank randy and sanjay for their work and micron's leadership in workforce development, because they make a big difference. [applause]

my investment in america has attracted more than $825 billion -- $825 billion in private sector investment, not a penny which existed before i got elected. and we created a manufacturing boom, clean energy boom, semi conductor boom nationwide, and we clearly have the strongest economy in the world. that is a fact. 15 million new jobs created in three and a half years. unemployment has not been this low for this and for 50 years. wages are rising. we are exporting products and exporting american jobs -- exporting american products and creating american jobs. here in america, where they belong. [applause] folks, my predecessor and his

maga republican friends have a different view, they oppose the chips and science act. there congressman rented -- congressman williams called it corporate welfare. two counties over, they called the chips act "washington at its worst." i guess they are not going to be here today to celebrate. [laughter] [applause] but now -- conversion is wonderful, isn't it? now we see the surge in investment in jobs that we mobilize, and they are singing a different tune now. now they say this is critical. you got that? it is critical. now they say what we're doing will "lead to more prosperous, secure, and innovative america. " well, nothing i said like that

about conversion, i agree, welcome, welcome, welcome. we have to stop this division. i promise to be the president of all america, whether you voted for me or not. today's investment helps americans everywhere, red and blue states, and proves we leave no one behind. of the infrastructure jobs and proposals, we have more of them in red states than in blue states. it is about america. let me close with this. the past few years, i have talked to folks all across america, in their communities and other kitchen tables, they often tell me back in 2020, they were down, had a loss to their business. how many of you know someone who looked at carrier or another facility, a whole generation who worked there, and you are sitting there with the parent or mom or kid comes home and says i can't live here anymore, there are no jobs. i have to move. they lost faith. syracuse is an example.

for decades, it was a manufacturing boom town full of good paying jobs and a solid path to the solid middle class. i know. i lived here, went to law school here, married a wonderful woman and that is why i came to syracuse law school. over the years, trickle-down economics swept it all away. under my predecessor, manufacturers left. factories like bcs automotive in auburn where her family lived shut down. 22,000 local jobs in syracuse disappeared. that is a story seen in community after community nationwide. hollowed out, robbed of hope. but not on my watch, thanks to the investments we are making in america and the partnership we have formed. american manufacturing is back. factories are going up all

across the country. communities like syracuse are writing the great american comeback story. creating new jobs, new businesses, new hope. today, folks -- when folks see shovels in the ground for these projects, people going back to work, i hope they feel the pride i feel, pride in their hometown that is making a comeback, pride in america, pride to know we can get big things done when we work together. that is why i have never been more optimistic about our nations future. we have to remember who we are, for god's sakes. we are the united states of america, and there is nothing beyond our capacity to get done when we work together. god bless you all, and may god protect our troops. this is a big deal today. congratulations, syracuse. congratulations. thank you. thank you. [applause] ♪

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