White House Pushes for More Cooperation to Address Semiconductor Crisis

The White House is pressing automakers, chip companies and others to cooperate in a bid for more information about the ongoing semiconductor crisis that has forced cuts to U.S. auto production, but made clear that the industry needs to take the lead to solve the problem. Secretary of Commerce Gina Raimondo, who along with Brian Deese, director of the National Economic Council, met with semiconductor industry participants, told Reuters that strong action was needed to address the chip shortage.