Senator questions money to build chip manufacturing facility in Ireland

Sen. John Kennedy (R-La.) questioned why Intel announced plans to build its latest chip manufacturing facility in Ireland, rather than the United States, in a speech on the U.S. Senate floor.

Key excerpts of the speech are below:

“The Department of Commerce gave Intel $8.9 billion cash in return for 10% of the company. Well, here’s why I think Intel might have rinky-doo’d us. Intel just announced th…