Biden signs executive order calling for semiconductor supply chain review
President Biden signed an executive order Wednesday addressing growing concern over a global semiconductor shortage hampering the production of goods like automobiles and smartphones.
The White House's executive order directs the federal government to conduct 100-day reviews of supply chains in four sets of products, including computer chips and large capacity batteries, like those used in electric vehicles, according to administration officials.
This is about making sure the United States can meet every challenge we faced in this new era of pandemics, but also in defense cybersecurity, climate change, and so much more," Biden said at a press conference Thursday. The best way to do that is by protecting and and sharpen and America's...