White House Working to Identify ‘Choke Points’ in Global Chip Shortage
The global shortage of semiconductors is “one of the central motivations” for the executive order President Joe Biden will sign “in the coming weeks” to begin a “comprehensive review of supply chains for critical goods,” White House Press Secretary Jen…
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Psaki told a media briefing Thursday. The review will focus on “identifying the immediate actions we can take, from improving the physical production of those items in the U.S. to working with allies to develop a coordinated response to the weaknesses and bottlenecks that are hurting American workers,” she said. The administration is “currently identifying potential choke points in the supply chain and actively working alongside key stakeholders in industry and with our trading partners to do more now,” said Psaki. Her disclosure of a coming EO on the semiconductor shortage came the same day top U.S. chipmakers wrote Biden urging his support for tax credits to fund U.S. manufacturing and R&D (see 2102110023). The Semiconductor Industry Association, which orchestrated the letter to the White House, didn’t comment Friday.