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President Joe Biden looks on as Commerce Secretary Gina Raimondo discusses semiconductor manufacturing in the United States earlier this year. | Official White House Photo by Adam Schultz/Wikimedia Commons

Graves: ASML one of many companies 'choosing to invest in the United States'

Deputy Secretary of Commerce Don Graves called attention to Dutch semiconductor equipment manufacturer ASML’s $200 million expansion of its Wilton, Connecticut facility during remarks he made at the Partnerships for Prosperity: U.S. Leadership in the Global Economy event.

The expansion will create 1,000 new jobs and will support ASML’s work in developing the machines necessary to create advanced chips, Graves said, according to a July 25 press release.

“ASML is just one member of an ecosystem of private sector companies from around the globe who are choosing to invest in the United States as their home for semiconductors,” he said, according to the release.

President Biden had pledged during his campaign that he would “renew U.S. democracy and alliances, protect the United States’ economic future, and once more have America lead the world,” Graves said in the release.

The United States can do that and revitalize alliances, protect its security, and focus on being a partner of choice to usher in a new era of common peace and prosperity, meet pressing needs, and secure American leadership in the 21st century, Graves said in the release. He offered thanks that he was doing this work for the Department of Commerce in the Biden-Harris administration.

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