Just 81,000 people live in rural Chatham County in North Carolina, where there are more than 1,000 farms.
Coast Guard, St. Johns County Fire Rescue save 2 people from yacht taking on water 3 miles off St. Augustine Beach1 / 2
That same economic story is being replicated in a number of other critical battleground states, including Arizona and Georgia. Just how much the influx of federal and private sector money affects the political dynamics in North Carolina and beyond will have a lot to say about who will win November's presidential election.have helped pump hundreds of billions of dollars in private and federal investment into companies, helping to revive the faded computer chip sector and pioneer newer technologies such as electric vehicles, solar panels and artificial intelligence.
Wolfspeed CEO Gregg Lowe said the potential for government support has been “very important” as the company has sought to produce more silicon carbide, a material that increases the efficiency of computer chips. He said the material will “lead to one of the most important transitions in the history of semiconductors,” allowing EVs, solar panels, data centers and other technologies such as energy storage to work better.
But Republicans in North Carolina's legislature say investments in the state had more to do with their own policies than the incentives from Biden. GOP lawmakers are making the argument that the impact of inflation during Biden's presidency matters more to voters. Chatham County records indicate that Vinfast has scaled down the footprint of its EV plant, with the company saying in a statement that it's"currently reviewing the construction of the factory.”
Richard Hudson Washington News 2024 United States Presidential Election Donald Trump Joe Biden Business Elections Politics U.S. News
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Carolina's 'Carolina Squat' ban gets enforced May 10South Carolina will begin issuing tickets to motorists who drive a 'squatted' vehicle; the modification has been banned since November 2023.
Read more »
Will Biden reap benefit of growth in North Carolina and beyond?Just 81,000 people live in rural Chatham County in North Carolina, where there are more than 1,000 farms. But life is changing. The new Wolfspeed factory that overlooks I-64 will soon produce advanced wafers for computer chips. Automaker Vinfast is scheduled to open a factory next year.
Read more »
At North Carolina's GOP convention, governor candidate Robinson energizes Republicans for electionNorth Carolina's Republican candidate for governor Mark Robinson delivered a speech focused on the economy and education at the NCGOP Convention's Old North State Dinner in Greensboro Saturday.
Read more »
At North Carolina's GOP convention, governor candidate Robinson energizes Republicans for electionNorth Carolina's Republican candidate for governor Mark Robinson delivered a speech focused on the economy and education at the NCGOP Convention's Old North State Dinner in Greensboro Saturday.
Read more »
At North Carolina's GOP convention, governor candidate Robinson energizes Republicans for electionNorth Carolina's Republican candidate for governor Mark Robinson delivered a speech focused on the economy and education at the NCGOP Convention's Old North State Dinner in Greensboro Saturday.
Read more »
At North Carolina's GOP convention, governor candidate Robinson energizes Republicans for electionNorth Carolina's Republican candidate for governor Mark Robinson delivered a speech focused on the economy and education at the NCGOP Convention's Old North State Dinner in Greensboro Saturday
Read more »