Reuters

White House seeks to address semiconductor chips crisis harming automakers

The White House will discuss ways to overcome a semiconductor chip supply crisis that is cutting auto production around the world in a new round of meetings with major companies on Thursday. Commerce Secretary Gina Raimondo and White House National Economic Council director will host companies including Detroit’s Big Three automakers General Motors, Ford Motor and Stellantis as well as Apple, Daimler AG, GlobalFoundries, Micron, Microsoft , Samsung, TSMC and others including Intel Corp Chief Executive Pat Gelsinger.

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