The announcement comes about a week after Foxconn, an Apple supplier, dramatically downsized Wisconsin investments.
The investment follows a pilot program with the self-driving car company that launched earlier this year in Arizona.
The president also urged Congress to fund $37 billion in manufacturing incentives for chipmakers.
The Defense Department formed a strategic agreement to source chips from GlobalFoundries' Malta, New York, semiconductor foundry.
Intel recently announced the appointment of a new CEO, Pat Gelsinger, effective February.
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