Not overbuying, but instead de-risk from Just-In-Time process that failed in 2020-2021, assuming Farley is speaking not just for Ford, but all industries that uses semiconductors.
Ford CEO Farley said in the interview:
We manage our supply chain just-in-time and when you look at the best in the world, logistic companies for these new electronic components like Cisco and others, they manage their electronic components differently, not just semis, but memory chips, cameras. The way we have to do that we can't run just-in-time; we need to run buffer-stocks, we have to have off-the-shelf engineering backups for semiconductors that are constrainted when we single source. It is just a whole different way of managing your supply chain. Now we are a technology company, we have to learn from them.