Biden touts new $3.3 billion Microsoft data center at failed Foxconn site Trump backed – By Reuters (CNBC) / May 8, 2024
President Joe Biden on Wednesday announced plans by Microsoft to build a $3.3 billion data center in southeastern Wisconsin that will create thousands of jobs in the presidential election battleground state.
The facility will be built where his predecessor and current rival for the presidency, Donald Trump, announced a $10 billion investment by Taiwan electronics manufacturer Foxconn in 2017 that the company later drastically scaled back.
“I’m here to talk about a great comeback story in America,” Biden told about 200 people at Gateway Technical College’s Sturtevant campus in a region hit by manufacturing declines and the failed Foxconn project.
The president said Microsoft’s investment would “be transformative, not only here, but worldwide.”