Biden meets today with executives on chip shortage as U.S. auto industry feels the pain

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'We've become way too dependent on too small of a footprint in Asia, we need a more balanced supply chain globally,' Intel CEO PGelsinger says. He discusses ways to address the global chip shortage on CNBCTechCheck.

of U.S. supply chains for advanced batteries, pharmaceuticals, critical minerals and semiconductors.

U.S. President Joe Biden signs an executive order, aimed at addressing a global semiconductor chip shortage, as Vice President Kamala Harris stands by in the State Dining Room at the White House in Washington, February 24, 2021."How the U.S. government invests in the semiconductor industry likely will determine the future of domestic technology innovation and U.S.

This photo shows Ford 2018 and 2019 F-150 trucks on the assembly line at the Ford Motor Company's Rouge Complex on September 27, 2018 in Dearborn, Michigan."These times today are unprecedented, extremely difficult but I think ironically offer the brightest possible prospects for the industry and the country if we act now and move boldly in funding the CHIPS Act," he said during the forum last week.

 

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Everyone that ordered correctly is getting them and everyone that projected and lowered their orders are getting destroyed

$DOGE

Well, all because of crypto mining.

Where's the grief for our current potus? If it were still DT would be hammering on the the border, riots, police shootings, mass shootings, etc... Come on news people... get w/ it & hold Biden accountable.

They did not plan ahead with their orders as I understand it

This is what leadership looks like.

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