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US to explore 'immediate actions' to address chip shortage

Lack of semiconductors puts pressure on Apple, Microsoft and GM

NEW YORK/TOKYO -- U.S. President Joe Biden will soon sign an executive order to identify "immediate actions" for mitigating the effects of a global semiconductor shortage hitting American industries hard.

"The long-standing issue with short supply of semiconductors ... is one of the central motivations for the executive order the president will sign in the coming weeks to undertake a comprehensive review of supply chains for critical goods," White House press secretary Jen Psaki said in a Thursday briefing.

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