White House to Hold Chip Summit to Address Semiconductor Issues
The White House will hold a summit April 12 with the semiconductor industry to address the global semiconductor shortage and other supply chain issues. The meeting will include representatives from 20 major companies, including carmakers General Motors and Ford, chip companies GlobalFoundries and Taiwan Semiconductor Manufacturing Company, and several major technology companies, including Alphabet, Dell Technologies and Intel, the White House said April 9. White House National Security Adviser Jake Sullivan, National Economic Council Director Brian Deese and Commerce Department Secretary Gina Raimondo will also participate.
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Semiconductor Industry Association President John Neuffer said the summit is an “important opportunity” to figure out how to fund investments in domestic semiconductor manufacturing. The meeting will be held as the administration looks to address domestic semiconductor supply issues and after a range of companies submitted comments to Commerce about the problems (see 2104070007).