Micron deal bringing chip manufacturing back to US, Biden says
UPDATE 5:44 p.m.: Biden wraps speech touting major economic impact of Micron
UPDATE 4:34 p.m.: Micron deal to bring chip manufacturing back in the U.S., Biden says
"We’re down to producing only about 10 percent of the chips, despite leading the world in new designs. But because of the new law I signed and Chuck designed, we’re turning things around in big way," Biden said, referring to U.S. Sen. Chuck Schumer, who spearheaded the Chips and Science Act.
Because of this investment, the United States’ passing of the CHIPS and Science Act and the Micron investment, microchip production will increase by 500%, Biden says.— Gabe Perrin (@gabe_perrin) October 27, 2022
UPDATE: 4:29 p.m.: Syracuse visit is like "coming home," Biden says at OCC
As he kicked off his remarks at the SRC Arena at Onondaga Community College, Biden recalled how he met his first wife, who died in a car accident, and gestured to some of her family in the crowd.
"It's like coming home man, its like coming home," Biden said.
UPDATE: 3:33 p.m.: President Biden due to speak momentarily
UPDATE 3:03 p.m.: White House press corps arriving at OCC
The journalists that travel with the president have entered the SRC Arena and taken their seats, signaling the president is not far behind.
UPDATE 2:40 p.m.: Syracuse University chancellor, Micron reps warm up crowd before Biden
UPDATE 2:33 p.m.: President heading to OCC
UPDATE 2:24 p.m.: Touch down.
UPDATE: 1:55 p.m.: He's almost here.
Syracuse airspace has been cleared for the landing of Air Force One.— Ronnie Parrillo (@ronnieparrillo) October 27, 2022
The 46th U.S. President, Joe Biden, is visiting Syracuse Thursday to give a speech at Onondaga Community College in support of Micron's recent decision to house its facility here in Central New York.
President Biden is due to arrive Thursday afternoon before venturing to Onondaga Community College's SRC Arena for his remarks.
Because of the president's visit, OCC has canceled classes at both its main and Liverpool campuses
This is a developing story. Continue to check back for updates on the president's Syracuse visit. Follow live at @WAERNews on Twitter or @WAER883 on Instagram.