White House considers Cold War-era law to get data on semiconductor

Participants in Secretary of Commerce Gina Raimondo's meeting included Detroit's Big Three automakers, plus Apple, Daimler, BMW, GlobalFoundries, Micron, Microsoft, Samsung , TSMC, Intel, and Ampere

The Joe Biden (pictured) administration is considering invoking a Cold War-era national security law to force companies in the semiconductor supply chain to provide information on inventory and sales of chips, Commerce Secretary Gina Raimondo said.
 
The goal is to alleviate bottlenecks that have idled US car production and caused shortages of consumer electronics and to identify possible hoarding, she said in an interview.
 
Her team for months has sought clarity into how companies allocate their semiconductor supply. But previous meetings that convened firms from different industrial sectors haven’t led to increased transparency and many companies have refused