Valuation had ran up a bit too much with all the chip shortage news early this year. Supply issue had greatly eased. So do look at the valuation again to proper assess before buying.
They will not dip for long as the demand for chips are really high. They are due for more resources. Just that with the current COVID and Delta variant situation, would the situation improve for the production to kick in and deliver. Otherwise, they are reasonably good to buy.
The supply pressure had greatly eased up compared to early this year. Covid should not affect the supply chain since all gov and businesses now are better at handling it. Good luck to all.