In 2022, the semiconductor industry as a whole underwent drastic changes. Whether it was a sharp decline in industry demand or mixed political geopolitical factors, all contributed to the arrival of a “cold winter” in the global semiconductor industry. However, every major downturn in the semiconductor industry ends with the arrival of new technology. With the emergence of more and more new terminal markets such as automobiles, industrial automation, 5G infrastructure, artificial intelligence, and cloud computing, chip demand and supply will also become more diverse, and the semiconductor cycle trough will eventually pass.
Are the three quarterly reports thunderous?
What is the semiconductor industry cycle like?
How are cycles tracked?
How to tap bullish stocks in the sector?
Is the semiconductor industry showing an anti-globalization trend?
Niu You's opinion: How to invest in semiconductors?
The three-quarter report was thunderous, and the peak of performance came early?
Recently, all major chip giants have released financial reports for the third quarter. Many giants' financial reports have fallen short of expectations. Some companies have even warned that the relationship between supply and demand is changing. The main reason is that they are concerned about a wider cooling of the chip market in the future.
In the early morning of November 3, Qualcomm's Q4 net profit for fiscal year 2022 was 2,873 billion US dollars, and the Q1 revenue guide for fiscal year 2023 was 92 to 10 billion US dollars, all lower than market expectations; Texas Instruments announced its quarterly report on the 25th. Although revenue and net profit continued to increase, the company said that Q4 revenue may have fallen short of expectations, and the only thing left with strong demand is the automobile market; SK Hynix announced its Q3 financial report on October 26, due to falling demand for memory chips...