WASHINGTON, DC - JANUARY 21, 2022: U.S. President Joe Biden puts his arm on Intel CEO Patrick Gelsinger. Gelsinger announced that Intel Corp would invest an initial $20 billion to develop a new semiconductor manufacturing plant in Ohio. (Photo by Chip Somodevilla/Getty Images)
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Vehicles sit in a nearly empty lot at a car dealership in Richmond, Calif., on July 1. The global semiconductor shortage has hobbled auto production worldwide, making it difficult to find a car to buy.
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Nicole Wolter at work at her factory in Wauconda, Ill., which makes components for industrial machines. Wolter's company is straining to meet demand as her own suppliers struggle with short staffing.