Weak Links in the Chip Supply Chain

The video discusses the semiconductor industry's challenges due to the pandemic, policy decisions, and increased demand for electric vehicles. It highlights how carmakers like Honda, Nissan, and GM are adjusting production due to chip shortages, which also affect other industries like 5G phones and medical devices. The shortage has prompted President Biden to order a supply chain review. Historical factors, including the US-China trade war and restrictions on companies like SMIC, have exacerbated the issue.

What factors contributed to the semiconductor shortage mentioned in the text?

How has the pandemic affected the semiconductor industry?

What actions did President Biden take in response to the semiconductor shortage?

Discuss the impact of trade policies on the semiconductor supply chain.

What industries are affected by the semiconductor shortage according to the text?