Nikkei: The global chip supply chain suddenly changes the face from the shortage to the surplus.

China Well -off. July 5th. The semiconductor that the old horse should have had a shortage of excess supply suddenly had overcurrent concerns, and investors were confused. This is a sudden change in the semiconductor industry that repeatedly changes in the semiconductor industry due to the inventory cycle. The situation of semiconductor stocks is changing, entering the "counter -performance market" that considers the deterioration of corporate performance.

Japan Economic News reported that "recently, the industry's demand is weakening," the statement issued by American semiconductor storage chip manufacturer Meiguang Technology on June 30 caused impact. In the US stock market on July 1, the concept of semiconductor concepts fell in an all -round way.

"It is more serious than IT bubbles. TSMC (TSMC) and other top three will deteriorate, which will deteriorate, and the reorganization may start." Nanyu Ming, the British investigation company OMDIA, believes that in addition to the most cutting -edge chip, it will be excess supply, knocking on the supply, knocking on Sound alarm bell.

During the prosperity period, the demand for semiconductor has increased linearly, but production capacity can only grow step -like, so false demand (repeated order) will surge. Subsequently, if the economic deceleration causes demand to come to an end, "unexpected inventory" will swell.

As various enterprises have launched huge amounts of equipment investment one after another, due to the intensified inflation and relaxation of travel restrictions, the demand for durable products such as smartphones and personal computers has decreased. Semiconductor demand has stepped on the emergency brake.

Nomura Securities believes that global semiconductor operating income in 2023 decreases by 0.5 % compared with the previous year, but according to economic conditions, the decline may reach "about 1.5 to 1.9 %." The shortage of automotive industry chips caused by misunderstandings of production plans may sooner or later.

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