WASHINGTON—President Biden’s expansive infrastructure proposal includes $50 billion for the American semiconductor industry. The funding will go toward production incentives and research and design, say administration officials.
BERLIN—German Economy Minister Peter Altmaier has asked Taiwan to persuade Taiwanese manufacturers to help ease a shortage of semiconductor chips in the auto sector, which is hampering Germany's economic recovery from the COVID-19 pandemic.
DETROIT—Production at Ford Motor Co.’s Louisville, KY, assembly plant will be stopped for the second time this month, beginning this week, as a microchip shortage continues to upend the auto industry.
