No, the chip vendors had their orders cancelled by ford/gm/etc., so they cancelled their orders with the fabs, who then sold the fab time to other chip vendors

No, the chip vendors had their orders cancelled by ford/gm/etc., so they cancelled their orders with the fabs, who then sold the fab time to other chip vendors for different products. Why would you build chips you know you can't sell? Also, people talk about how big of an impact car manufacturing is to the economy and while that is true, they aren't chip manufacturers biggest customers. Apple spends more per year on semiconductors than the ENTIRE auto industry. To top that off the automotive ICs aren't high margin stuff, so if I was a fab or chip vendor, I would be focused on higher margin stuff. The blame for this is SOLELY on the auto manufacturers.