The semiconductor shortage explained: The threat to US tech

Top executives from Big Tech companies and car manufacturers will ask the Biden administration on Monday for immediate solutions to the global semiconductor shortage, which has hampered production in many U.S. industries.

Executives from tech companies such as Google, Intel, and Samsung, along with car manufacturers such as General Motors and Ford, will attend a virtual meeting focused on strengthening the “resilience of American supply chains” for semiconductors, according to the White House.

Semiconductors, which make up essential and expensive parts of modern-day gadgets and cars, have seen an explosion in demand in the past decade and in particular during the pandemic, causing an unprecedented global shortage.

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