U.S. Commerce chief planning May 20 meeting on semiconductor chip shortage - sources

Reuters

Published May 10, 2021 16:10

WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo plans to hold a May 20 meeting with senior U.S. auto industry leaders and other industry officials on a semiconductor shortage that has cut production, two sources briefed on the matter said.

The meeting will include General Motors Co (NYSE:GM), Ford Motor (NYSE:F) Co and Stellantis NV, the sources said.

Raimondo told MSNBC on Friday "we need to get back into the business of making more chips in America. And the supply chain issues are very real."