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EXCLUSIVE-Facing chips shortage, Biden may shelve blunt tool used in COVID fight

EXCLUSIVE-Facing chips shortage, Biden may shelve blunt tool used in COVID fight Reuters 3 hrs ago By Andrea Shalal, Trevor Hunnicutt and David Shepardson WASHINGTON, May 5 (Reuters) - Some critical industries could suffer if the U.S. government uses a national security law to redirect scarce computer chips to the auto industry, a senior administration official told Reuters. The analysis suggests the White House could opt to reject calls to invoke the Defense Production Act by automakers and a bipartisan set https://www.rubio.senate.gov/public/index.cfm/2021/2/rubio-coons-urge-biden-to-invoke-defense-production-act-to-address-semiconductor-shortage of U.S. lawmakers. Numerous automakers have been forced to slow or pause production due to a lack of semiconductors and have spoken with the White House about possibly using the 1950 law that allows the government to force companies to produce materials for national security reasons.

Biden may shelve blunt tool used in COVID fight

Updated: May 05, 2021 17:06 IST The official said the administration is pushing chips usersand producers to increase transparency by improving the capacityto forecast demand and generating better information on howchips are moving through supply chains to end users Share Article AAA The review is looking at supply chains for semiconductors, high capacity batteries, critical minerals and pharmaceuticals and active pharmaceutical ingredients.   | Photo Credit: AFP The official said the administration is pushing chips usersand producers to increase transparency by improving the capacityto forecast demand and generating better information on howchips are moving through supply chains to end users (Subscribe to our Today s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.)

Facing chips shortage, Biden may shelve blunt tool used in COVID fight

EXCLUSIVE Facing chips shortage, Biden may shelve blunt tool used in COVID fight

Autos & TransportationEXCLUSIVE Facing chips shortage, Biden may shelve blunt tool used in COVID fight Trevor HunnicuttAndrea ShalalDavid Shepardson 3 minute read U.S. President Joe Biden delivers remarks on the state of the coronavirus disease (COVID-19) vaccinations from the State Dining Room at the White House in Washington, D.C., U.S., May 4, 2021. REUTERS/Jonathan Ernst Some critical industries could suffer if the U.S. government uses a national security law to redirect scarce computer chips to the auto industry, a senior administration official told Reuters. The analysis suggests the White House could opt to reject calls to invoke the Defense Production Act by automakers and a bipartisan set of U.S. lawmakers.

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