And auto makers are estimating they won’t be able to ship 1M cars this quarter because of chip shortages, but that’s less than 4% of demand. That’s no crisis.

Let’s face it, automakers not only made their own bed here, but as soon as they canceled their orders PC makers swooped in and claimed the released production because PC sales were through the roof.

Next year Pc sales aren’t likely to continue at this pace. We are less than 2 years from a semiconductor glut.