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Joe Biden talks to 19 automotive and tech companies to solve the chip crisis


In latest months, many sectors comparable to computer systems, graphics playing cards, cellular gadgets and white items, particularly automotive, have been affected by the chip crisis and manufacturing has been disrupted.

Making a press release in the previous days, US President Joe (*19*) introduced {that a} research can be performed on the attainable results of the chip crisis and strategies of battle.

MEETING COMPANY MANAGERS

(*19*) met with the prime executives of 19 companies working in the car and expertise sectors.

White Home Nationwide Safety Advisor Jake Sullivan, Director of the Nationwide Financial Council Brian Deese and US Secretary of Commerce Gina Raimondo additionally attended the assembly held through videoconference.

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High executives of 19 companies working in the semiconductor, car and expertise sectors, together with Google’s dad or mum firm Alphabet, AT&T, Dell, Ford, Common Motors, Stellantis, HP, Intel, Micron, Samsung and Taiwan Semiconductor Manufacturing Firm, attended the assembly. .

“USA NO REASON TO WAIT”

(*19*), in his speech right here, acknowledged that the USA is investing “aggressively” in fields comparable to semiconductors and batteries, “China and the remainder of the world usually are not ready, there is no such thing as a purpose for Individuals to wait.” mentioned.

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White Home spokesperson Jen Psaki In his day by day press convention at the White Home, he acknowledged that they see the chip scarcity as a “nationwide safety drawback”.

Noting that the situation must be dealt with with a “holistic, long-term and inter-state method”, Psaki continued his analysis on semiconductor manufacturing and analysis. 50 billion greenback funding He reminded that they referred to as on Congress to do it.

PENTAGON ALSO HAS AGREEMENT WITH INTEL

The nation’s prime army unit Pentagon, just lately made an settlement with Intel for the manufacturing of microchips to be utilized in the future in the USA.

As well as, (*19*) has allotted a price range of 150 million {dollars} for the institution of two new institutes for chip manufacturing.

#Joe #(*19*) #talks #automotive #tech #companies #solve #chip #crisis

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