PS5 and Xbox Series X stock — Biden launching investigation into component shortage

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PS5 and Xbox Series Ten stock — Biden launching investigation into component shortage

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The story of never-ending PS5 and Xbox Series X stock shortages is getting a new character: President Joe Biden. The recently-elected commander in chief is expected to sign an executive social club starting an investigation into solving the root bug.

As the Wall Street Journal reports, "The executive order calls for a 100-day review of supply chains for four areas." Those include the "semiconductors, used in products from cars to phones," and of class, the hard-to-find PS5 and Xbox Series X.

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The investigation isn't merely looking into calculator chips. National security is as well on the table, as the Periodical reminds the states that neodymium, one of the resource in short-supply, "is needed for the solid-state lasers used to designate missile targets."

Senators Marco Rubio (R-FL) and Chris Coons (D-DW) praised the investigation, just are pushing President Biden to push button our own companies harder if necessary. Their letter asks that the president "incentivize or, if necessary, crave American companies to retain their domestic capacities during this time."

In a letter to President Biden, dated February 18, a group of 17 organizations (including the U.S. Chamber of Commerce) framed the investigation as a matter of national urgency.

The letter of the alphabet explains that "Semiconductors play a disquisitional role in enabling the products and services that fuel our economy, contribute to American innovation, and enhance our national security. Given the central part of semiconductors, strengthening the U.Southward. position in semiconductor research, pattern, and manufacturing is a national priority."

Hopefully, this means the PS5 and Xbox Series X stock shortages issue ends in the almost time to come. Sony's Jim Ryan addressed the issue in an interview this week, promising "relentless" action to "increase product."

Henry is a senior editor at Tom's Guide covering streaming media, laptops and all things Apple, reviewing devices and services for the past six-plus years. Prior to joining Tom's Guide, he reviewed software and hardware for TechRadar Pro, and interviewed artists for Patek Philippe International Magazine. He's also covered the wild world of professional person wrestling for Cageside Seats, interviewing athletes and other industry veterans.

Source: https://www.tomsguide.com/news/ps5-and-xbox-series-x-stock-biden-launching-investigation-into-component-shortage

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