The global chip shortage is starting to have consequences
Interestingly, there is an embedded video in that article that explains the issue specific to the automotive shortage - it&#x27;s because the automotive industry cancelled a lot of chip orders in anticipation of low vehicle demand and that caused chip makers to reduce their production for the kinds of chips that go into cars, and now it takes time to ramp back up:<p><a href="https:&#x2F;&#x2F;www.cnbc.com&#x2F;video&#x2F;2021&#x2F;03&#x2F;02&#x2F;how-the-global-computer-chip-shortage-happened.html" rel="nofollow">https:&#x2F;&#x2F;www.cnbc.com&#x2F;video&#x2F;2021&#x2F;03&#x2F;02&#x2F;how-the-global-compute...</a><p>It&#x27;s at the 4m15s part of the video<p>I think a facepalm is in order.