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Wasn't this foretold during the chip shortage by most articles written about it? That there'd be a down turn and everyone would have over invested in building n
by marricks 4y ago
Wasn't this foretold during the chip shortage by most articles written about it? That there'd be a down turn and everyone would have over invested in building new plants? Even worse because the fed is terrified of inflation / higher labour costs the US government is basically causing the melt down.
- m00x 4y agoYes, Toyota actually saw it coming and stockpiled a ton of semiconductors, which allowed them to manufacture normally way past others.
- thrown_22 4y agoNo, this is the other side of that hill. Toyota saw the shortage coming. Now we're seeing a glut that will take a decade to work itself out and result in another shortage.