Recently, the U.S. Semiconductor Industry Association (SIA) released the latest market data.

According to the latest data from SIA, global chip industry sales in January 2024 were US$47.63 billion, a year-on-year increase of 15.2% and a month-on-month decrease of 2.1%.

However, this round of rebound is mainly due to the demand for AI computing power, which has ignited high-end memory chips, while the demand for industrial and communication chips continues to be sluggish, and the demand for automotive chips has also gradually slowed down.

In general, the chip market will be unevenly hot and cold at the beginning of 2024, and the overall demand recovery will be less than expected.

Below, we have compiled the latest market prices of chips from major manufacturers such as TI, ST, ADI, NXP, Microchip, ON Semiconductor, and Infineon, for your reference only!

1.TI

The overall demand for TI is still relatively sluggish, and the market inventory is still at a high level.

In the spot market, some TI material numbers have been inverted, but the order rate is still relatively low. Many customers are still waiting and watching, and have higher price requirements.

In its latest quarterly financial report, TI's revenue and profits were lower than market expectations, mainly due to weakness in the automotive and industrial sectors. In addition, looking forward to the first quarter of this year, TI issued a pessimistic performance forecast, and the analog chip market has not yet subsided.

2.ST

Although the overall demand for ST is not strong, the demand in the industrial market is weak, and the prices of many general-purpose materials have been inverted. Even some material numbers of the high-performance H7 series, which were popular in the past, have also begun to invert in price.

However, ST is very high-spirited in the new energy industry, and the demand for silicon carbide power devices has surged. Currently, the production capacity supply of silicon carbide products is insufficient, and ST is already adding factories in an attempt to expand its market share.

Silicon carbide products are widely used in electric drive inverters, vehicle chargers, DC/DC converters and electric compressors. As silicon carbide MOSFET combination products are about to be mass-produced, ST's competitiveness in terms of performance and cost will be greatly improved.

3. ADI

In the spot market, ADI has sufficient inventory of general materials, and some material numbers have experienced price inversions.

However, the delivery time for industrial control and automotive regulatory materials is still relatively long, basically more than 26 weeks. The industrial and automotive markets are ADI's largest source of revenue, and demand for automotive chips continues to grow.

On February 4, ADI adjusted the prices of some old model products, increasing by 10% to 20%. However, since the price adjustments were all old products and not many models were involved, it had little impact on the current market.

4.NXP

The demand for NXP is tepid, and the delivery times of most material numbers are gradually returning to normal levels. The market inventory of general-purpose materials is increasing. Many material numbers have experienced price inversions, and the spot price is lower than the normal order price.

The prices of the I.MX series have increased somewhat, and the prices of some products have been adjusted. The MCUs of the K1 series continue to be in demand, but the accepted prices are generally low.

On February 5, NXP announced its latest quarterly financial report. Revenue in the fourth quarter of 2023 was US$3.42 billion, a year-on-year increase of 3%. For the whole year, revenue in 2023 will be US$13.28 billion, a year-on-year increase of 1%, and performance is relatively solid.

5.Microchip

Microchip's demand is still sluggish, general material inventory is saturated, 8-bit and 16-bit MCU delivery times continue to improve, and the delivery time of some part numbers has been shortened to less than 8 weeks.

Starting from mid-to-late 2023, the market and agents have successively focused on clearing inventory. Although the inventory has declined compared with the previous highest point, it is still at a high level year-on-year.

Microchip's latest quarterly financial report performed poorly. Revenue in the fourth quarter of 2023 was US$1.7657 billion, a year-on-year decrease of 18.6%, which was far lower than market expectations.

In early February, Microchip said it was implementing employee salary cuts and that its three largest semiconductor factories in the United States would suspend operations for two weeks in March and June.

6. ON Semiconductor

ON Semiconductor's demand is mainly concentrated in the automotive and industrial fields, and the demand is mainly for IC products, such as NC7 series, MC series, NCP series and NCV series.

In addition, there is also a certain demand for some MOSFETs starting with FD and diodes and triodes starting with MBB. The delivery time for some of ON Semiconductor's general-purpose diodes and triodes has been shortened to 10-40 weeks, but the overall delivery time is still relatively long compared to other brands.

ON Semiconductor's full-year revenue in 2023 is US$8.253 billion, a year-on-year decrease of 0.88%. Among them, the automotive business revenue was US$4.32 billion, accounting for 52%, a year-on-year increase of 28.54%. The automotive image sensor field achieved revenue of US$1 billion for the first time, a year-on-year increase of more than 12%, and silicon carbide product shipments exceeded US$800 million. 4 times 2022 revenue.

7. Infineon

The overall demand for Infineon is not high, and the supply of high and low voltage MOSFETs is gradually returning to normal.

With the recent rise of domestic graphics cards, some peripheral materials used in servers may once again experience a slight shortage in the next three months, such as the previous TDA series and a small number of control chips.

Due to the continued weakness in the industrial market, Infineon's revenue in the first quarter of fiscal year 2024 fell 6% year-on-year to 3.7 billion euros, and it also lowered its performance outlook for 2024 to 15.5-16.5 billion euros.

In addition, Infineon's safety MCU almost monopolizes the field of intelligent driving, and there is news that its latest TC4XX series will begin mass production in early 2024.

8. Renesas

Renesas' demand has been stable recently, and market demand is mainly concentrated on some old discontinued series, especially MPN starting with ISLxx.

In January November, Renesas announced its acquisition of Transphorm to enter the field of gallium nitride and use Transphorm's automotive-grade GaN technology to develop new enhanced power solutions.

9. Xilinx

Xilinx's overall demand is sluggish, with main demand concentrated on the XC7 and XC95 series.

Recently, Xilinx announced the discontinuation of a number of programmable logic device products (CPLD and FPGA), including XC9500XL, CoolRunner XPLA 3, CoolRunner II, Spartan II and Spartan 3, 3A, 3AN, 3E, 3ADSP commercial/industrial "XC" and Automotive "XA" product range.

The above is the latest market prices of TI, ST, ADI, NXP, Microchip, ON Semiconductor, Infineon and other chips. I hope it will be helpful to everyone!