Posted on 04/12/2021 6:05:03 AM PDT by John W
WASHINGTON (Reuters) - Senior White House officials will meet on Monday with top executives from nearly 20 major companies to discuss a global semiconductor shortage that has roiled the automotive industry and technology firms.
The White House meeting is billed as the “CEO Summit on Semiconductor and Supply Chain Resilience” and will include White House national security adviser Jake Sullivan and National Economic Council Director Brian Deese.
As of midday Friday, 19 major companies had agreed to send executives, including General Motors Chief Executive Mary Barra, Ford Motor Chief Executive Jim Farley and Chrysler-parent Stellantis NV CEO Carlos Tavares.
Deese said in a statement the “summit reflects the urgent need to strengthen critical supply chains.”
Commerce Secretary Gina Raimondo will also take part, as well as executives from GlobalFoundries, PACCAR, NXP and Taiwan Semiconductor Manufacturing Company, AT&T, Samsung, Google-parent Alphabet, Dell Technologies, Intel Corp, Medtronic, Northrop Grumman, HP, Cummins and Micron.
(Excerpt) Read more at apple.news ...
Make them here. Force them to with a tariff.
Can’t make new foundries. EPA regulations. Good luck getting the Biden Puppet Admin to change that. All this will do is make electronics way more expensive in the US.
We’re from the government, and we’re here to help you.
White House to zero in on chip shortage in meeting with company officials where Joe Biden brought two cases of Pringles...
Exactly.
A war (cold or otherwise) with China should improve things.
Toadie: Mr. President, we are running low on chips.
Biden: Right. Run down to Circle K and get some. Nacho Cheese if they have them.
You don’t make ECU’s in a foundry....
Hmmm. Seems like these days the ‘ceos’ are too busy NOT doing their job and instead leading the brigade of social just-us assclowns. Seems like none of the so called “leaders” have the testicular fortitude to tell the other chumps to STFU and do what you companies job is. Fookin’ idjits!
Free Traitors are on this thread protecting woke globalist corporations. IT MAKES ME SICK.
I want electronics to be made in the US - but you seem to conveniently ignore the fact that between the 90s and today, craploads of environmental laws were passed that helped drive manufacturing offshore. There’s also the ITAR regulations that won’t let manufacturers export much more complex than a hand calculator without special permission from the government per shipment.
These regs would need to be waived or deleted. Do you really think the Biden Admin would do this? Since they won’t, and manufacturers can’t spin up new silicon foundries in the US, all the tariff would do is make everything more expensive.
More diversity training and hiring more trans individuals will lead to engineering breakthroughs and more factory construction.
This is a Ford ECU. See all those black things with the shiny silver legs? Those are computer chips. Computer chips are made in foundries.
Just hammering on the obvious: Taiwan makes a lot of chips, and Red China is about to take over that island. That’s going to have a big impact. We’re not going to try and stop it. We’re going to try to adjust to that new reality.
Can your globalist BS. We can and still do make electrons in the USA. I wish globalist FREE TRAITORS would die off eventuality and/or shut up in general until then.
Guess what country has almost the entire market on REE.
Guess what country has been prevented by its wacko leftists from mining and producing its own REE for use in its own industries.
We make *some* electronics in the US, but we don’t have near the capacity needed on semiconductors. Intel just contracted out CPU production out to TSMC of Taiwan because they don’t have any more capacity in the US - not for cost reasons, as TSMC is more expensive than Intel’s in house fabrication facilities.
Also, most “US made” electronic products are reliant on foreign chips.
Waive the idiot regulations first, *then* impose tariffs. Imposing tariffs by themselves won’t do anything but drive prices up.
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