Intel Corp. CEO Pat Gelsinger will nearly attend a gathering being put collectively by President Joe Biden’s administration for April 12 to debate the semiconductor provide chain points disrupting U.S. automotive factories, in response to an individual aware of the matter.

Reuters beforehand reported the assembly will embody Biden’s nationwide safety adviser, Jake Sullivan, and a prime financial aide, Brian Deese, in addition to chipmakers and automakers.

Gelsinger final month mentioned Intel will spend $20 billion to construct two new chip factories in Arizona.

A chip scarcity has been disrupting U.S. vehicle manufacturing since late final yr.

Ford Motor Co., which has needed to reduce manufacturing of its best-selling F-150 due to the scarcity, final week mentioned that it’ll present traders an replace on the hit to its working revenue on April 28. The U.S. automaker beforehand mentioned its working revenue this yr can be diminished by $1 billion to $2.5 billion. The replace to that forecast can be offered when Ford stories first-quarter outcomes on April 28.

The Biden administration final week known as for $50 billion in funding to assist the U.S. chip trade as a part of the administration’s $2 trillion infrastructure plan. In February, the administration ordered a assessment of the semiconductor provide chain to search out gaps in U.S. manufacturing capabilities.