US government official: US President Joe Biden will sign an executive order to resolve the shortage of semiconductor chips.

US government official: US President Joe Biden will sign an executive order to resolve the shortage of semiconductor chips.
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A US White House official said that the Biden administration is working to resolve the global chip shortage that has caused automakers and other US industries to suspend production. The official said in a statement that the government is looking for bottlenecks in the supply chain and discussing the way forward with businesses and trading partners. In the long run, the US government is looking for a comprehensive strategy to avoid the bottlenecks and other problems the semiconductor industry has faced for years. US President Joe Biden is expected to sign an executive order within the next few weeks to guide all government departments to assess the supply chain of key products.