AI Weekly: Biden calls for $37 billion to address chip shortage

Shortly after a meeting with members of Congress on Wednesday, President Joe Biden signed an executive order that launches a review of supply chain vulnerabilities in the United States. COVID-19 made evident gaps in the U.S. supply chain in medical equipment like face masks and ventilators, but in a ceremony carried live by TV news networks, Biden held up a chip, calling it the “21st-century horseshoe nail.”
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