Biden orders deeper foreign investment reviews in chips, supply chains

Directive focuses on technology, cybersecurity in line with China concerns

20220914N Biden chip

U.S. President Joe Biden holds up a microchip as he speaks before signing an executive order in February 2021 aimed at dealing with a shortage of semiconductors. © Reuters

JACK STONE TRUITT, Nikkei staff writer

NEW YORK -- U.S. President Joe Biden signed an executive order Thursday laying out national security concerns for Washington when reviewing foreign investments in crucial industrial sectors such as semiconductors.

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