DeSantis allocates $10 million for microchip and semiconductor manufacturing so ‘the CCP cannot hold our supply chain hostage’

by Laura Ramirez

Florida’s Republican Gov. Ron DeSantis announced the allocation of $10 million to support microchip and semiconductor manufacturing in the state in retaliation to the threat the Chinese Communist Party poses to America’s supply chain.

During a press conference, the governor announced that roughly $10 million has been given to Osceola County and Valencia College to support semiconductor and other technological manufacturing in Osceola County.

“We have to start standing up as Floridians and Americans,” DeSantis said during a press conference Wednesday. “We cannot be captive. Key sectors of our economy should not be captive to some of these foreign nations, particularly outfits like the Communist Party of China.”

The governor first announced his move to take on China last month, stating he would “conduct a survey of all of the investments of the Florida Retirement System to determine how many assets the state has in Chinese companies,” according to a press release.

“If you look at how these major companies behave when faced with Chinese disapproval, they censor what the CCP tells them to censor and we see groveling apologies,” DeSantis said. “Go back a generation, and the idea of the American elites was, ‘If we allow China into the WTO and give them most favored nation status, that will make China more like us.’ This experiment has failed, and it has endangered our nation’s national and economic security.”

The millions allocated for the project are set to create manufacturing jobs and provide a pipeline supporting industry growth in the Sunshine State.

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