President Joe Biden announced a $3.3 billion investment by Microsoft in a new AI data center in Wisconsin, expected to create 2,000 permanent jobs and 2,300 construction jobs.

The investment is part of a broader initiative to bolster high-tech manufacturing in swing states and position the US as a leader in artificial intelligence.

Biden's administration leverages CHIPS and Science Act funds to encourage companies like Taiwan Semiconductor, Samsung, and Intel to invest in US chip production and data centers.

These investments aim to give the US an edge over China in the AI sector and generate quality union jobs in key states.

The strategic investments in AI and high-tech industries are central to Biden's industrial policy and his potential reelection bid, contrasting his efforts with those of former President Donald Trump.