Chip makers have a tendency to oversupply the market, because they have long lead times from inception to the sale of goods. They also have an incentive to keep supplying the market even if prices fall, because they have to justify their initial fixed expenses.

This industry tradition makes sales and investment activity very volatile. … "Tendency to Oversupply Market" will have a long-term negative impact on this entity, which subtracts from the entity's value. "Tendency to Oversupply Market" is a difficult qualitative factor to overcome, so the investment will have to spend a lot of time trying to overcome this issue.