Based on other sources of this story it basically goes like this - 1) Covid hits and sales and demand for new cars drop. 2) Automotive Industry cancels a load

Based on other sources of this story it basically goes like this - 1) Covid hits and sales and demand for new cars drop. 2) Automotive Industry cancels a load of silicon orders. 3) Covid hits and there is a surge in demand for replacement/upgraded IT equipment. 4) Silicon Fabs adapt and take up the slack / Re-Tool 5) Automotive experiences a sudden surge 6) Silicon Fabs go - Uhmm yeah, you are going to have to wait. [Hit the FT Paywall so am not commenting directly on the linked article]