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TikTok’s fate in the US still up in the air as Biden admin extends review deadline to June 11

The Trump administration was adamant about banning TikTok or forcing a sale to a US company last year, but then multiple deadlines passed without anything happening before the end of 2020. Now after previously pressing pause on the matter, the Biden administration and TikTok say they will take more time to discuss the situation with a new June 11 deadline on further action.

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Biden admin calls global chip shortage a ‘national security issue’ ahead of summit with manufacturers

3nm chips

After committing to an investigation into the global chip shortage, the Biden administration has called the problem a “national security issue.” Later today it is looking to hear feedback directly from affected companies at a White House Summit as it works on short and long-term solutions.

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Biden admin plans investigation into US semiconductor supply chains amid shortages

2021 iPhones will use enhanced 5nm chips

Last week we saw Intel, Qualcomm and more US chipmakers urge President Biden to make a major investment to rejuvenate domestic semiconductor production. With the backdrop of a global chip shortage and US tension with China, Biden is expected to ask his administration to start a review of important US supply chains “including semiconductors, high-capacity batteries and rare earth metals” with an upcoming executive order.

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