anon sheena vossen, thank you. coming up, white house hosting a summit on semiconductor shortage, but the breakdown we need to get his major takeaways. will anything change? this is bloomberg. ♪ ♪ >> this is an issue that has broad support in the u.s. congress. we talked about whether or not we are doing anything bipartisanly. well, we are. both sides of the aisle strongly support what we are doing. where i think we could really get things done for the american people. romaine: that was president biden speaking earlier during the ceo summit on the semiconductor shortage. when you look at the semiconductor index from a stock perspective, chips have done ok. joe: what is everyone complaining about? everything is fine. i don't think we got the answer yet on how philadelphia got the name the semiconductor index, but they have done externally well. one year, up 100%. not bad. joining us with more insight is a harvard business school professor of management practice, willy shih. we've talked to you a few times now about