Skip to main content

Biden Administration calls chip shortage a 'national security issue'

posted onApril 12, 2021
by l33tdawg
Apple Insider
Credit: Apple Insider

The Biden Administration views the current chip shortages plaguing the global economy as a "national security issue" ahead of a White House Summit focused on addressing the problem.

Back in February, President Joe Biden signed an executive order aimed at mitigating problems with the semiconductor supply chain. Part of the initiative to address the ongoing issues include a White House Summit on Monday.

When asked about whether the Biden Administration sees the chip shortage as a national security issue, White House Press Secretary Jan Psaki said "we certainly do." As far as specific solutions to the chip issue, Psaki said the administration is looking at a "holistic, long-term, across-government approach." She also held off on announcing specific short-term solutions ahead of the summit Monday.

Source

Tags

Industry News

You May Also Like

Recent News

Tuesday, November 19th

Friday, November 8th

Friday, November 1st

Tuesday, July 9th

Wednesday, July 3rd

Friday, June 28th

Thursday, June 27th

Thursday, June 13th

Wednesday, June 12th

Tuesday, June 11th