... deflationary 通货紧缩的 capacity gluts 产能过剩 glut 供应过剩；供过于求 ...
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capacity gluts
产能过剩的
以上为机器翻译结果，长、整句建议使用 人工翻译 。
While demand is certainly a factor in semiconductor forecasting, its importance pales in comparison with the impact of capacity gluts and shortages.
FORBES: The Role of Demand in Semiconductor Forecasts
Capacity gluts have turned into supply shortages.
ECONOMIST: Things are looking up, but tariffs are not the main reason
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