Why Chip CEOs Are Urging Biden To Back Domestic Production

The transcript discusses the challenges faced by companies like General Motors and Apple in the post-pandemic economic resurgence, focusing on supply chain issues. It highlights the limited short-term solutions available to the US government and the impact of unprecedented demand on forecasting. The discussion also covers the geopolitical aspects of the semiconductor supply chain, emphasizing the interdependence on Taiwan and Korea. The potential for bringing production back to the US is considered as a medium to long-term solution.

What role does the government play in addressing short-term supply chain issues?

What geopolitical factors are influencing the semiconductor supply chain as mentioned in the text?