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Biden, auto executives and chip makers meet in bid to solve crippling shortages – NBC News

Around 20 chief executives from the auto, semiconductor and tech industries met with White House officials on Monday in a virtual summit to address a growing shortage…

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The U.S. needs to address an ongoing shortage of semiconductors by investing in its chip infrastructure, President Joe Biden said during a virtual summit meeting with auto executives and other business leaders Monday afternoon.
“These chips, these wafers batteries, broadband its all infrastructure. We need to build the infrastructure of today and not repair the one of yesterday, Biden said. “The plan I propose will protect our supply chain and revitalize American manufacturing.”
The event was called…

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