Biden Plans To Alleviate Chip Shortages

Biden’s administration is a taking an aggressive steps to alleviate the global semiconductor shortage, Bloomberg reports.

The chip depletion has influenced the auto industry and has been a major factor of deficiency to the next generation gaming consoles.

Biden Plans To Alleviate Chip Shortages

President Joe Biden is anticipated to sign an executive order directing a government-wide supply chain review for significant goods in the coming weeks.

The report also stated that amongst other administration priorities, identifying choke points in supply chains to ease current shortages, the white house may also create new inducement to enable the production of chips in the united states, according to CNBC.

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