WASHINGTON – President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his $2.3 trillion infrastructure plan, telling them the U.S. should be the world’s computer chip leader.
“We need to build the infrastructure of today, not repair the one of yesterday,” he told the group of 19 executives from the technology, chip and automotive industries. “China and the rest of the world is not waiting and there’s no reason why Americans should wait.”
He said the country hasn’t made big investments to stay ahead of global competitors, and it needs to step up its game.
Biden made an
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