TechInsights' Semiconductor Analytics Report
G. Dan Hutcheson
Semiconductor sales dipped -10% below 1Q22 levels last week. The market was 5% above 2021. The IC weather cooled 0˚F. Zooming in on Logic ICs this week, the 13-wk MA grew 12% Y/Y, cooling off this year’s peak of 32% in early March. TechInsights forecasts it will reach $279B in 2022, with Y/Y growth of 9% that falls to -4% in 2023.
TechInsights’ IC Supply/Demand indices continued to improve last week, albeit too slight to move most of the categories. Foundry did move from Loose to Balanced and the 3Q22 NowCast for OSATs improved from Saturated to Loose. While Auto ICs remain in Shortage, it is nowhere near as dire as the 1st half of 2021. It has been steadily loosening since April.
Electronics’ Retail Price decline is showing early signs of bottoming.