Tag: Biden

Biden tells execs US needs to invest, lead in computer chips | National

WASHINGTON (AP) — 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 that 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,

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Biden tells execs US needs to invest, lead in computer chips

WASHINGTON (AP) — 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 that 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,

Read More


WATCH: Biden tells execs U.S. needs to invest, lead in computer chips

WASHINGTON (AP) — 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 that the U.S. should be the world’s computer chip leader.

Watch Biden’s remarks in the player above.

“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

Read More


Biden tells execs US needs to invest and lead in computer chips

President Biden told 19 executives from the technology, chip and automotive industries that the US hasn’t made big investments to stay ahead of global competitors.

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 that 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

Read More


Biden aims to juice EV sales, but would his plan work?

Some buyers would find his offer persuasive. Yet Biden’s goal is a daunting one: Even if Congress approves his $2.3 trillion infrastructure plan, along with its incentives, it would take many years to replace enough internal combustion vehicles with EVs to make a huge dent in tailpipe emissions.

Right now, there are about 279 million vehicles on the road in the United States. The proportion that are fully

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With $100B internet plan, Biden commits to bring down ‘overpriced’ broadband bills

As is, the infrastructure proposal includes provisions that would require broadband providers to clearly disclose their monthly internet pricing, in line with provisions that top congressional Democrats including House Majority Whip Jim Clyburn and Sen. Amy Klobuchar (D-Minn.) sought in similar legislation.

Key context: This is one among multiple thornier issues that Biden is embracing in the infrastructure plans he is set to announce during remarks in Pittsburgh later on Wednesday, which may make bipartisanship on Capitol Hill tougher to achieve absent extensive negotiation.

Broadband providers have typically resisted government intrusion over what they charge their customers. And during fights

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