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Watch live: Biden discusses semiconductor chips

President Joe Biden speaks during an event to celebrate Diwali, in the East Room of the White House, Monday, Oct. 24, 2022, in Washington. (AP Photo/Evan Vucci)

President Biden is slated to deliver remarks on Thursday afternoon regarding Micron’s plans to invest in factories that make semiconductor chips.

The event is scheduled to begin at 3:30 p.m. ET.

Watch the live video above.