At meeting with CEOs, Biden says semiconductor chips are infrastructure Follow Us Question of the Day President Joe Biden holds up a silicon wafer as he participates virtually in the CEO Summit on Semiconductor and Supply Chain Resilience in the Roosevelt Room of the White House, Monday, April 12, 2021, in Washington. (AP Photo/Patrick Semansky) more > By David Sherfinski - The Washington Times - Monday, April 12, 2021 President Biden said Monday that semiconductor chips constitute “infrastructure” that the U.S. needs to invest in to compete with China, as major automakers and other companies struggle to deal with a devastating shortage of imported chips.