Biden rushes to address global computer chip shortage via latest executive order


FILE PHOTO: U.S. President Joe Biden announces changes to the main U.S. coronavirus disease (COVID-19) aid program for small businesses during brief remarks in the South Court Auditorium at the White House in Washington, U.S., February 22, 2021. REUTERS/Jonathan Ernst/File Photo

WASHINGTON (Reuters) - President Joe Biden will sign an executive order on Wednesday aimed at addressing a global semiconductor chip shortage that has forced U.S. automakers and other manufacturers to cut production and alarmed the White House and members of Congress, administration officials said.

The scarcity, exacerbated by the pandemic, will be the subject when Biden meets a bipartisan group of U.S. lawmakers on Wednesday to discuss the issue.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

New Nvidia AI chips face issue with overheating servers, The Information reports
How to escape your doomscroll hellhole
Google Translate rival DeepL launches live translation feature
'Mario & Luigi: Brothership' review: Mario & Luigi energise an island-hopping quest
'Call of Duty: Black Ops 6' review: When war becomes an aesthetic, nobody wins
TikTok parent ByteDance's valuation hits $300 billion, sources say
Turkey fines Amazon's Twitch 2 million lira for data breach
What to know about Elon Musk’s contracts with the US federal government
What is DOGE? Houston experts say Trump's new 'department' is not actually a department
Netflix back up for most users in US after outage, Downdetector shows

Others Also Read