> One thing I heard is that the drought (worst one in 50 years in Taiwan) has really affected them, The power issues earlier this year in Texas also impacted p

> One thing I heard is that the drought (worst one in 50 years in Taiwan) has really affected them, The power issues earlier this year in Texas also impacted production. Weather issues are often the cause of the bust cycles in silicon manufacturing. Just people outside of the industry rarely discuss when memory prices or whatever spike due to a typhoon hitting Japan/Korea/Taiwan. This year, we've have major weather events hit chip production across the globe, at basically the same time, plus the pandemic.