It sort of does help; chip prices have risen because customers are out-bidding each other. If you're willing to pay 10x 2019 prices you can probably get whatever chips you need. Many companies are deciding that's not worthwhile.
The problem as I understand it is a company like TSMC sells capacity for the some time period - like a year. The automakers thought people wouldn't buy cars, so they relinquished their slots. Turns out car demand exploded, so they went back to TSMC and said "hey we need those slots" and TSMC said "sorry your slot already got sold to nvidia".
Chrsyler could offer to pay TSMC 10x more, but that that ultimately wouldn't do much, the slot is gone and they would have to buy the capacity from nvidia. nvidia is in no position to sell because they are also facing extreme demand. How would it look to nvidia if, while gamers across the world can't get their hands on 3080s, they sold their fab capacity to Chrysler for $$$$?.
So money isn't solely the issue here.
Chrysler does not directly buy from TSMC, they buy from i.e. TI, Renesas, Microchip, NXP, ...
Many of those companies do still have fabs, and even if not, they are not competing with Nvidia. They are producing on the old, old fabs, at 40, even 80nm. We would need better numbers on where these microcontrollers are fabbed to be able to tell how this interferes with i.e. Nvidia and Apple on TSMC 5nm.
And an Air Freight shortage even if you do pay 10x to jump the production queue https://www.wsj.com/articles/snarled-supply-chain-trips-up-s...
I'm not even sure it's strictly speaking still true that automotive only uses outdated fabs. Tesla seems to have disrupted the use of low-end chips at least in high end cars, like Jaguar Land Rover.
(Also, bitcoin is mined on ASICs nowadays, but I get what you mean.)
Etherium fits the bill: it's a digital (bit) currency (coin).
The generic word will be whatever John Q. Public with zero knowledge or care calls it.
The "noobs" will always outnumber the knowledgeable in-crowd. They are the ones who will—ahem—coin the generic term.
You can't say that Bitcoin is responsible in a discussion about GPU shortages. It's flat-out wrong and obfuscates the actual problem. It's Ethereum that's mostly responsible for said shortage, and seeing as how Ethereum is moving to proof of stake soon that problem might be alleviated. Bitcoin uses all custom hardware for mining and is not affecting the GPU shortage. The problem with Bitcoin mining is power consumption, not chip contention.
There just are not enough of them being made.
It’s quite a statement that Apple launched four variants of the same product (M1 Air, M1 Pro, M1 iMac, M1 iPad) in the middle of a supply chain apocalypse, all within a few weeks and is both delivering on schedule and even putting the product on sale.
Call your HP rep and try to buy an LCD monitor right now.
The industry in the West not only shipped everything to outsourcers, but even forgot how to manage outsourcers as well, being fully reliant on turnkey services.
Similar story for small MFPs over the winter.
Or maybe it's the example that proves the rule..
Throwing money at a problem to try and solve it can be impossible in various ways.
Even a car from stock usually takes at least a week to make 'road ready', which seems suboptimal from a marketing perspective.