For some time, due to chip shortages that continue to drag down automobile manufacturing and threaten the overall employment situation in the United States, senior officials of the Biden administration will hold a second summit with industry leaders next Monday to discuss a series of issues such as chip manufacturing.

According to a report from The Washington Post on April 9, the White House said that National Security Advisor Jake Sullivan, Director of the National Economic Council Brian Deese and Secretary of Commerce Gina Raymond Gina Raimondo will discuss the semiconductor industry chain and the "U.S. Jobs Act" with executives from about 20 companies (including top chip and automakers).

Prior to this meeting, the US government had convened a summit in February to solve the problem of chip supply shortages, but the semiconductor industry chain situation has deteriorated since then, and General Motors and Ford Motor announced more plans to stop production on Thursday.

The White House said that CEOs of Ford and General Motors, and executives from Intel, GF, and TSMC will also attend the summit.

Patrick Manzi, chief economist of the National Automobile Dealers Association, said that car dealers are currently expressing serious concerns about the shortage of chips. He revealed that distributors have achieved the best sales performance since March 2000, and inventory has been reduced a lot. Although market demand is strong, consumers have fewer choices.

The Auto Workers’ Federation said in a statement that workers’ rights and interests will continue to be protected during the work stoppage: “80% of the original wages will be paid, plus unemployment benefits.”