The semiconductor industry is experiencing two extremes: ice and fire
Since 2024, the semiconductor industry has shown a "dual sky of ice and fire": the destocking of consumer electronics chip inventory is nearing its end, but the demand for AI computing power, automotive electronics, and industrial chips continues to explode, driving the tight demand for mature and advanced manufacturing capacity. The prices of wafer foundry, power semiconductor, and storage chips have begun to rise, with top manufacturers such as TSMC and Samsung announcing a 3% -8% increase in some processes by 2025. The increase in raw material costs (such as silicon wafers and rare metals) coupled with long expansion cycles results in limited supply elasticity. It is expected that the price increase in the second half of the year will be transmitted to the middle and lower reaches, but there is a clear differentiation - high-end GPUs and automotive grade MCUs are leading the price increase, while ordinary consumer chips still face price pressure. The industry is shifting from "destocking" to "structural shortage and price increase", and supply chain management capability has become the key to competition.