The chip shortage lasted longer than you'd expect because everyone from end users to intermediaries has been hoarding them. It's like the covid toilet paper sh

The chip shortage lasted longer than you'd expect because everyone from end users to intermediaries has been hoarding them. It's like the covid toilet paper shortage, even if you keep producing a thing at the same rate, stockpiling creates shortages which stimulate even more stockpiling. When that eventually reverses, expect a temporary glut.