When the tech giants warn of economic challenges, however, it suggests that companies without their leverage could face even more severe head winds. Cook, for instance, pointed out that the worst chip shortages have not occurred in the smaller, faster “leading-edge” chips that Apple puts in its new smartphones, iPads and laptops. Instead, he said, the worst shortages have affected older “legacy” chips — the kind used by automakers, for example.

Source: Washington Post October 29, 2021 12:17 UTC