Semiconductor sales growth continued to slow off-peak 21 levels, echoing exec views of a weak 2Q21. The IC weather was hot as it cooled 0°F for the week.
Semiconductor Analytics: May 5, 2021
G. Dan Hutcheson
VLSI's Semiconductor Analytics report
Semiconductor sales growth continued to slow
off peak 21 levels, echoing exec views of a weak 2Q21. The IC weather was hot as it cooled 0°F for the week. Focusing on Analog & Power, last week its y/y MA sales growth ran over 40% but it is clearly settling into a normal 2Q pattern. Sales for the week were barely above 2020, which is a likely cause for executive concerns in recent earnings calls. The issue is a difference between y/y and q/q comps: Strong vs Weak. DRAM also registered significant slowing in growth while Auto, Logic, and NAND accelerated.
IC Wafer Fab Production levels, while still well above 2020 levels, slipped back for the 3rd week to 7% which is below the 2020 high.
VLSI's IC Supply/Demand stayed in Shortage conditions overall, while continuing to ease. It was Analog & Power that pulled back a notch this week, joining IDM & DRAM at Tight levels. There were also pullbacks in IDM, OSAT, and Foundry. The shortage in NAND and Auto ICs worsened.