According to an analysis by Goldman Sachs, the semiconductor shortage touches a mind-blowing 169 industries in some way. Yahoo Finance’s Dan Howley discusses.

Video Transcript

JULIE HYMAN: In addition to some of the tech giants that we talked about at the top of the show that are reporting this week, a lot of chip makers are included in those numbers. We're going to hear from Texas Instruments, Applied Micro Device, Micro Devices, excuse me, Qualcomm, as well. And undoubtedly, they're going to talk about the chip shortage and how it's affecting their business.

But as we know, it's affecting almost every business. Dan Howley has been tracking the number of different industries that are affected by the chip shortage. And your tally is what? 169? How can this be? I mean, Dan, what is the industry that surprised you the most? Let's start there.

DAN HOWLEY: I mean, it's literally everything. Toilet paper manufacturing, probably the one that really kind of blew me away. This is all based on, Goldman Sachs did a study, essentially what they said was, that they looked at different industries that use semiconductors, microchips in some way in the production of their goods. So that may be the machinery that they need to put the goods together or the goods themselves. And then they looked at how big of an impact that the chip shortage is going to have on them. So they estimated around 1% of the industry's GDP output.

So essentially what they came to was, these 169 industries that are most impacted. Now for automotive, for instance, it would be a potential 4.7% hit to the output of the entire automotive industry because of this chip shortage. And then like I said, you're looking at different industries and you wonder, how does this even happen. We're talking about packaging machinery is an industry that is going to be impacted. So literally, the industry that packages goods will be impacted.

Small electronics, basic organic chemical manufacturing, anything that has to do with synthetic rubber, synthetic fibers. We're talking about adhesive manufacturing, wireless communications obviously. We have an entire chart on our website for the article on this. And it runs down the different industries that are going to be hit. And yeah, toilet preparation manufacturing was one that got me.

But I think the others are really just industries that you wouldn't expect. And I think that's the scariest part, is when any body thinks about semiconductors and these chips, they automatically think consumer electronics and obviously, automotive, because of the fact that plants have had to idle as a result of the shortage and what that means for making the cars. But it really is across the entire economy, these companies are being impacted because they can't get the chips that they need.