The thing about chips that is causing all the paradoxical effects we're seeing is that chip production extraordinarily specialized and capital intensive. You ca

The thing about chips that is causing all the paradoxical effects we're seeing is that chip production extraordinarily specialized and capital intensive. You can't just build more chips - you have to build more chip factories for the type of chip you want. And if you build more chip factories than you need or factories of the wrong type, some of those factories will be unprofitable, will shutdown, at high cost, and then you will have fewer chips than you need, again.