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| President Joe Biden holds up a silicon wafer as he participates virtually in the CEO Summit on Semiconductor and Supply Chain Resilience in the Roosevelt Room of the White House on Apr 12, 2021, in Washington. (Photo by=AP/Patrick Semansky) |
[Asia News Communication = Reporter Reakkana] President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push on Monday (Apr 12) for his US$2.3 trillion infrastructure plan, telling them that the US should be the world’s computer chip leader, AP said.
“We need to build the infrastructure of today, not repair the one of yesterday,” he told the group of 19 executives from the technology, chip, and automotive industries. “China and the rest of the world are not waiting and there’s no reason why Americans should wait.” He added the country hasn’t made big investments to stay ahead of global competitors, and it needs to step up its game. Biden made an appearance at the meeting between administration officials and company leaders held to discuss developing a stronger US computer chip supply chain. The meeting came as the global chip shortage continued to plague a wide array of industries.
CEOs of AT&T, Dell, Ford, General Motors, Stellantis (formerly Fiat Chrysler), Intel, Northrop Grumman, and others were scheduled to attend. But industry experts say there’s little they can do to stem the shortage, which has delayed a new iPhone and forced automakers to temporarily shut factories because they’re running short of the multiple computers needed to run engines, transmissions, brakes, and other essential features.
