TechInsights' Semiconductor Analytics Report
G. Dan Hutcheson
Semiconductor sales growth ran in the low single digit W/Q last week, with sales well above 2021 levels. The IC weather was mixed with a 1˚F rise last week. Zooming in on Logic growth this week, the 13-wk MA has decelerated 2021 levels to the low 20% range. Growth is forecast to finish 2022 around +16% Y/Y, reaching $296B.
TechInsights’ IC Supply/Demand indices were unchanged for the week, but continued improvements in More than Moore Foundry took its 2Q22 NowCast up to Balanced from Loose. Supply/Demand also tightened for OSATs as COVID flux continues to heavily affect this segment.
Chip demand is cooling as inflation, monetary tightening, COVID lockdowns in China, and Russia’s war in Ukraine weaken demand, which works to ease the shortage.
Inflation in Electronics’ Retail Prices is abating.