That's not exactly what happened. Manufacturers gave up their fab capacity at the start of the pandemic to hedge for a potential economic kerfuffle. That capaci

That's not exactly what happened. Manufacturers gave up their fab capacity at the start of the pandemic to hedge for a potential economic kerfuffle. That capacity was immediately resold to other parties, and by the time the folks who gave up their fab space realized things were going to be okay and came back, it was too late. It really was a fab supply shortage, but a situation of their own making too.