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To boost microchip production in U S , Biden looks for supply chains weaknesses

President Biden Though the impact won t be felt immediately, President Biden answered urgent pleas from the automotive industry and other groups by directing a review of potential weaknesses in U.S. supply chains in an effort to address the global semiconductor chip shortage that has forced auto makers to cut back vehicle production. Biden s executive order launched an immediate 100-day review of supply chains for four vital products semiconductor chips, large-capacity batteries for electric vehicles, critical minerals and strategic materials such as rare-earth elements, and pharmaceuticals. It also calls for an in-depth review of six industrial sectors including transportation, energy and information and communications technology within one year.

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