Biden Pledges to Invest ‘Aggressively’ in Semiconductors Amid Global Shortage

Biden Pledges to Invest ‘Aggressively’ in Semiconductors Amid Global Shortage
President Joe Biden (C) speaks during a CEO Summit on Semiconductor and Supply Chain Resilience via video conference with National Economic Council Director Brian Deese (2nd L), National Security Advisor Jake Sullivan (R) and others from the Roosevelt Room at the White House on April 12, 2021 in Washington. Amr Alfiky-Pool/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

WASHINGTON—President Joe Biden called for a significant investment to revitalize U.S. chip manufacturing to counter China’s threat to “dominate the semiconductor supply chain.”

In an effort to address an ongoing global chip shortage and strengthen the domestic semiconductor industry, the White House hosted a virtual summit with business leaders on April 12.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
twitter
Related Topics