A semi­con­duc­tor short­age brought on by the con­tin­u­ous COVID-19 pan­dem­ic has become detri­men­tal to a wide range of indus­tries, prompt­ing Pres­i­dent Biden to launch an inves­ti­ga­tion into how to resolve the problem.

Pres­i­dent Biden has already signed an exec­u­tive order that start­ed a 100-day review of the semi­con­duc­tor pro­duc­tion pipeline, so that alter­na­tives and strate­gies can be found to alle­vi­ate the effects on the Amer­i­can econ­o­my. This fol­lows a col­lec­tive call from com­pa­nies like Apple, Sony, AMD and Qual­comm for the pres­i­dent to take notice of the short­ages and what it could mean for the econ­o­my in the short and long term.

The group sent a let­ter to the pres­i­dent last week, detail­ing how cru­cial these com­po­nents are. “Semi­con­duc­tors play a crit­i­cal role in enabling the prod­ucts and ser­vices that fuel our econ­o­my, con­tribute to Amer­i­can inno­va­tion, and enhance our nation­al secu­ri­ty. Giv­en the cen­tral role of semi­con­duc­tors, strength­en­ing the US posi­tion in semi­con­duc­tor research, design, and man­u­fac­tur­ing is a nation­al priority.”

As has been obvi­ous for the last few months, this is a major rea­son behind the stock short­ages of the Xbox Series X and PlaySta­tion 5, as well as com­put­er parts like GPUs, lap­tops and more. It’s become such an issue, that the auto­mo­tive indus­try is now strug­gling, since elec­tric vehi­cles require a large por­tion of this supply.