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Commerce Department, Biden Administration Take Action on Semiconductor Chip Shortage

Press releases
Supply chain issues have been a key challenge coming out of this unprecedented economic crisis resulting from this pandemic. For months, the Biden-Harris Administration has been engaged in a whole-of-government response, led by the Secretaries of Commerce, Transportation, and Agriculture. In June, the White House launched the Supply Chain Disruptions Task Force to address short-term supply chain...

Readout of Commerce Secretary Gina Raimondo Meeting with Mubadala CEO Khaldoon Al Mubarak

Press releases
Today, Secretary Gina Raimondo met with Mr. Khaldoon Al Mubarak, the Chief Executive Officer of the Mubadala Investment Company (an Emirati state-owned holding company), to congratulate him on GlobalFoundries’ announcement to expand their semiconductor fabrication plant in Malta, New York. The Secretary also encouraged Mr. Al Mubarak to work with the Commerce Department as the Mubadala Investment...

Commerce Establishes Early Alert System to Improve Semiconductor Supply Chains

Press releases
This week, in response to concerns from U.S. manufacturers dependent on the semiconductor industry and in support of President Biden’s ongoing commitment to address semiconductor supply chain challenges, the Department of Commerce established the Microelectronics Early Alert System, which will be administered by the U.S. Department of Commerce's International Trade Administration. The early alert...

Opening Remarks by U.S. Secretary of Commerce Gina Raimondo at the White House Semiconductor Convening

Speeches
When we last convened the industry on the chip shortage in May, I heard from many of you that things were going to improve after Q3. I also heard that we need more transparency and trust in the supply chain. I asked for industry to lead the way and said the administration is standing by to help. Four months later, the situation seems to be getting worse. We are hearing regularly from companies...

Readout of Biden Administration Convening to Discuss and Address Semiconductor Supply Chain

Press releases
Today, Secretary of Commerce Gina Raimondo and National Economic Council Director Brian Deese convened semiconductor industry participants and discussed the progress industry has made to address supply chain challenges and increase supply chain transparency, following the convenings hosted by the Administration in April and May. The progress includes improved communication and trust across the...

U.S. Secretary of Commerce Gina M. Raimondo Statement on Biden-Harris Administration 100 Day Supply Chain Review

Press releases
Today, the Biden-Harris Administration released its 100-day supply chain review of critical industries. As part of the review, the U.S. Department of Commerce conducted an analysis of risks pertaining to each segment of the semiconductor supply chain – from design and manufacturing to assembly, test, and packaging, as well as materials and semiconductor equipment – and provided recommendations to...