This is correct. Shortages of new generation chips can generally be resolved by new capacity. We are seeing record levels of capacity spend by the chip companie

This is correct. Shortages of new generation chips can generally be resolved by new capacity. We are seeing record levels of capacity spend by the chip companies. However, older chips are difficult to increase capacity for. The tools are not available, and the profit from legacy chips from them is many times insufficient to make the business case for.