Finding PS5 or Xbox Series X stock has been a bit of a lottery since the consoles launched last November, with several factors affecting Sony and Microsoft’s ability to meet demand.
One of the biggest bottlenecks in supply, however, has been ongoing global semiconductor shortages – and it has spurred President Joe Biden to action.
Reuters reports that the president is pursuing $ 37 billion to fund legislation to boost chip manufacturing in the US to make up for the shortage of semiconductors.
“I commission senior officials in my administration to work with industry leaders to find solutions to the semiconductor shortage,” said Biden. Congress passed a bill, but they need … $ 37 billion to make sure we have this capacity. I will insist on that too. “
Biden has signed an executive order to initiate a 100-day supply chain review for four critical products: semiconductor chips, rare earths, pharmaceuticals and large-capacity electric vehicle batteries.
Presidential powers
AMD, which manufactures the custom GPU and CPU chips in the PS5 and Xbox Series X, has previously warned that chip shortages will continue to limit supply, with Jim Ryan, CEO of Sony Interactive Entertainment, also highlighting the ongoing semiconductor shortages as one of the factors for PS5 delivery problems in a recent interview.
Microsoft has also previously stated that the Xbox Series X inventory shortage could last until June.
The Covid-19 pandemic has shown how dependent some countries are on imports, especially for electronic components and medical supplies such as personal protective equipment.
While President Biden’s executive order won’t help you secure a PS5 or Xbox Series X for the foreseeable future, hopefully it should mean that the kind of dire inventory shortage we’re currently experiencing will have a much less similar crisis occur. along the line.