Short term memory problem....
follow my thinking here
(1) world wide pandemic. Production of semiconductors pretty much halts.
(2) supply chain empties: Those who are still able to manufacture end product (Not chips) buy what they can and stock pile it
Semiconductor fabs yield high profits because of inflated prices and limited availability of their product (supply and demand)
(3) Pandemic eases: Production re-starts
Sales begin high as there is demand for the "first off" the production lines as people desperate for previously exhausted parts buy
Semiconductor fabs yield well but not as good as the previous phase (because semiconductors are built in batches, and whilst the initial part of the batch sells the rest goes into re-stocking the supply chain)
(4) "Near Normal" (I can't call it back to normal)
Sales returning to pre-pandemic levels
Sales are down (and by comparison to the boom of the last 2 phases this is true)
Why is this even a story?
/Rattus