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White House to zero in on chip shortage in meeting with company officials
Reuters ^ | April 12, 2021 | Reuters Staff

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 ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: elonmusk; intel; tesla; tsmc
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To: joedish
Interesting free people trading for goods and services, make you sick.

People INSIDE the USA. between the 50 states, are free to trade as they please. Across international borders not so much. No one trading with China is trading with FREE people.

41 posted on 04/12/2021 11:26:53 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: joedish
Pickup trucks already running over 50Gs, think maybe 75G for a America first truck?

Why stop at 75G for a truck? If you are making up numbers why not say 100G or 120G? Geez what BS.

42 posted on 04/12/2021 11:28:13 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: al baby

what are you, 12?

This is a forum for intellectual discussion. You are contributing to a growing toxic environment here.

Name calling people who disagree with you is very immature.

It shows your lack of ability to think.


43 posted on 04/12/2021 1:47:25 PM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)
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To: central_va

And how do you justify your demand a powerful government commands what corporations can and can’t do?

https://www.youtube.com/watch?v=ppPZOK0_WXQ


44 posted on 04/12/2021 2:05:18 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: John W

Jill told Joe their going to have a meeting about computer chips. Joe thought she said their going to have chips and dip. I’m sure he has no clue their talking about


45 posted on 04/12/2021 2:08:45 PM PDT by shotgun
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To: Jeff Chandler

Joe yelled to the Toadie: Be careful though, those places are run by Indians


46 posted on 04/12/2021 2:09:48 PM PDT by shotgun
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To: webheart
Chips are going fast....
ping
47 posted on 04/12/2021 3:39:36 PM PDT by minnesota_bound (I need more money. )
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To: Organic Panic
And how do you justify your demand a powerful government commands what corporations can and can’t do?

Tariffs are "justified" in the US Constitution as one of the ways to fund the federal govt. ALL THE FOUNDING FATHERS OF THIS COUNTRY WERE PROTECTIONISTS AND THE FIRST LAW PASSED BY THE FIRST CONGRESS WAS THE TARIFF ACT.

48 posted on 04/13/2021 2:05:03 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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