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Very interesting segment on Chip shortage on 60 Minutes
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Very interesting segment on Chip shortage on 60 Minutes


May 2, 2021, 7:46 PM

Vehicle sales dropped significantly at pandemic beginning. The main chip producer in Taiwan stopped making the auto chips. Cars & trucks started selling like crazy in late 2020. WHY?
The visionaries did not see quickly enough the change in vehicle types that consumers preferred, a Huge shift from sedans to small/mid SUVs as the family car and how rapidly that was happening.
Takes 4 to 6 months for the chip plants to start back up on a chip type....

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Re: Very interesting segment on Chip shortage on 60 Minutes


May 2, 2021, 8:21 PM

OMG, is that why memory and CPU prices were like double up until a month ago? Try finding the Xbox x series, or a PlayStation 5 at retail, I dare you.

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Every shortage has some reason


May 3, 2021, 12:31 AM

As I saw a $9 pound of bacon and 2.57 gas today.

Mill shortage and low rates explain lumber. My son's Play Station? Lol. Not like we said well there's a pandemic let's get a Play Station. Or a computer.

Nope. What were seeing is what I most worried about before all this started. Our reliance on global supply chains, foreign labor, and "free trade" is starting to show. We're flush with money. And it doesn't matter if the countries we rely on for imports can't produce. Or if we can't produce. Not like we're cranking out the world's chips. Lumber. Bananas. Bacon... Wait we do on bacon.

But tossing trillions into people's wallets doesn't help either.

Price of everything is going up. It's a bad time to toss money around when production is down. Port in Charleston is unloading record imports. Doesn't matter. The direct payments were a very bad idea. But anyway it is what it is.

And it will get worse before it gets better. If the US vaccines really work well and we get back to normal, that's going to be a problem when the whole world we rely on for normal... Isn't normal. The world is at record levels for covid. And here sits the world's biggest consumer nation sitting pretty with the virus and tons of cash while most other places are still suffering and not at 100% production of our stuff.

Not sure I can think of a better setup for inflation if I tried.

I stand corrected...
https://finance.yahoo.com/news/fourth-stimulus-check-coming-biden-151800070.html
https://media.zenfs.com/en/moneywise_327/6acfa04eeb775829cab633ca77da177f">
Fourth stimulus check likely? Biden says the money is 'making a difference'
Calls are growing for another stimulus check as the president touts the most recent one.
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Don't believe it has anything to do with cars vs SUV's.


May 3, 2021, 7:31 AM

Ford announced over 3 years ago that it was ceasing production of sedans and hatchbacks due to changing customer preferences.

As for chips shortages? Yep. Took forever for my wife to get her new Outback company car after it had been ordered in Jan, and I just saw where Subaru was shutting the Indiana line down for another 2 weeks based on not having enough chips. Crazy.

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My favorite part was when the TSMC exec said they were


May 3, 2021, 10:56 AM

ahead of INTEL in the design/manufacturing of these chips because Americans are stupid (I'm paraphrasing a bit)

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we were stupid to send our manufacturing overseas***


May 3, 2021, 11:03 AM



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If she's a hollerer, she'll be a screamer.
If she's a screamer, she'll get you arrested.


It was/is out of necessity. INTEL said it'll be 2 years


May 3, 2021, 11:13 AM

before they can match the chips the Asian company is making.

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