如果您希望可以时常见面，欢迎标星收藏哦~ 近年来，模拟芯片市场在全球半导体产业中展现出独特的韧性与活力。作为连接物理世界与 数字系统的核心器件，模拟芯片以"长生命周期、高毛利、弱周期性"的特性，在汽车电子、 工业控制、通信设备等领域占据不可替代的地位。 半导体属于周期性行业，每3-4年一个周期。模拟芯片从22年Q4到24年Q4总共历时8个季度的下行 周期。从科技巨头的财报指引看，当前模拟芯片周期低点已过，有望从25Q1开始进入上行周期， 尤其是随着工业、汽车市场需求持续向好，模拟芯片供应商基本面有望改善。 在此背景下，TI、ST、英飞凌、恩智浦、瑞萨、安森美等国际模拟芯片大厂近期密集发布的最新 季度财报，释放出复杂的市场信号。 综合来看，国际大厂财报揭示了行业两大核心态势：其一，结构性复苏与分化并存，汽车、工业、 AI 等高端领域需求稳健，但消费电子仍处低迷，企业盈利能力分化加剧；其二，供应链与地缘政 治风险升级，关税政策与国产替代倒逼国际厂商调整产能布局。 这些动态不仅勾勒出模拟芯片行业的当前格局，更预示着全球竞争将围绕技术壁垒、供应链韧性与 新兴市场展开新一轮博弈。 模拟大厂财报解读，释放出哪些信号？ T ...

如果您希望可以时常见面，欢迎标星收藏哦~ 近年来，模拟芯片市场在全球半导体产业中展现出独特的韧性与活力。作为连接物理世界与 数字系统的核心器件，模拟芯片以"长生命周期、高毛利、弱周期性"的特性，在汽车电子、 工业控制、通信设备等领域占据不可替代的地位。 半导体属于周期性行业，每3-4年一个周期。模拟芯片从22年Q4到24年Q4总共历时8个季度的下行 周期。从科技巨头的财报指引看，当前模拟芯片周期低点已过，有望从25Q1开始进入上行周期， 尤其是随着工业、汽车市场需求持续向好，模拟芯片供应商基本面有望改善。 在此背景下，TI、ST、英飞凌、恩智浦、瑞萨、安森美等国际模拟芯片大厂近期密集发布的最新 季度财报，释放出复杂的市场信号。 综合来看，国际大厂财报揭示了行业两大核心态势：其一，结构性复苏与分化并存，汽车、工业、 AI 等高端领域需求稳健，但消费电子仍处低迷，企业盈利能力分化加剧；其二，供应链与地缘政 治风险升级，关税政策与国产替代倒逼国际厂商调整产能布局。 这些动态不仅勾勒出模拟芯片行业的当前格局，更预示着全球竞争将围绕技术壁垒、供应链韧性与 新兴市场展开新一轮博弈。 模拟大厂财报解读，释放出哪些信号？ T ...

近日，Omdia带来了2024年全球芯片公司最新排名。此次排名显示，2024年的市场格局发生了明显变 化。 其中英伟达凭借其在AI芯片领域的卓越表现跃居榜首，相比之下，一些传统芯片巨头如英飞凌和ST意 法半导体则未能跟上市场变化的步伐，跌出了前十名的行列。 | 2023 | 2024 | | 2023 | 2024 | Revenue Percent | | --- | --- | --- | --- | --- | --- | | Rank | Rank | Company Name | Revenue ($) | Revenue($) | Change | | 2 | 1 | NVIDIA | 49,161 | 107,475 | 118.6% | | ﻟﻨﺎ | 2 | Samsung Electronics | 44,374 | 75,091 | 69.2% | | 1 | Intel 3 | | 51,197 | 50,509 | -1.3% | | 6 | 4 | SK Hynix | 23,680 | 47,248 | ਰੇਰੇ ਟੋਐ | | 4 | 5 | Qualcomm | 30,913 ...

功率芯片大厂在2024年全面掉出了全球排名前十的阵营。根据Gartner的数据，美光和联发科的高成长，在2024年的统计中成功替代德州仪器、意法半导 体，上榜全球TOP10。 全球排名变动的背后，是汽车和工业市场销售疲软导致。然而，最近不少信号都在暗示：下半年汽车、工业领域半导体都会复苏。 TI发布了最新的第二季度财报，TI CEO哈维夫·伊兰（Haviv Ilan）说到："越来越多的证据和信号表明，所有渠道、所有地区的工业市场都正在复苏。" 无独有偶，意法半导体也表达了类似的信号。意法半导体在发布财报后表示，公司对未来的营运状况持乐观态度，认为"谷底已过"。 01四大巨头，财报飘绿 我们来分别看一下，德州仪器、意法半导体、恩智浦和瑞萨，这四大巨头的财报数据。 德州仪器第一季度营收达到了40.7亿美元，同比增长11%，净利润11.8亿美元。除了个人电子产品出现季节性的下滑，其他细分市场都实现了环比增长。 模拟芯片业务是主要驱动力，营收达到32.1亿美元，同比增长13%，营业利润12.06亿美元，同比增长20%。模拟芯片的强劲表现，是因为汽车、工业和通 信设备等领域的增长。 模拟、MEMS与传感器板块收入10. ...

Financial Data and Key Metrics Changes - The GAAP net loss for Q1 2025 was $5.2 million or 17¢ per share, compared to a net loss of $4.8 million or 19¢ per share in Q1 2024 [21] - GAAP operating expenses in Q1 2025 were $5.5 million, an increase of $448,000 from $5 million in Q1 2024 [21] - Non-GAAP net loss in Q1 2025 was $4.4 million compared to a loss of $4 million in Q1 2024 [22] Business Line Data and Key Metrics Changes - The increase in operating expenses was attributed to a $397,000 rise in R&D expenses and a $277,000 increase in G&A expenses, partially offset by a $226,000 decline in sales and marketing expenses [22] - The company is actively working on multiple technology areas, including gate all around applications and memory technologies, with significant progress reported in customer engagements [10][14] Market Data and Key Metrics Changes - The EPI equipment market is expected to reach approximately $2.6 billion by 2027, with a CAGR of 10% to 15% in leading-edge nodes [10] - The market for gallium nitride (GaN) applications is forecasted to exceed $2 billion at the device level by the end of the decade, growing at about a 40% CAGR [17] Company Strategy and Development Direction - The company has announced a partnership with a major capital equipment provider to enhance its technology offerings and accelerate customer engagements [4][9] - The focus on advanced node customers and the collaboration with the equipment provider aims to optimize production processes and improve customer solutions [5][20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning to deliver solutions for challenging electronic devices, emphasizing the importance of technology licensing within the semiconductor industry [20] - The company is actively recruiting to expand its engineering and sales teams to support growth and high-volume production [20] Other Important Information - The company raised $2.4 million under its ATM facility by selling approximately 163,000 shares at an average price of $15.19, maintaining a comfortable cash position [23] - Non-GAAP operating expenses for 2025 are expected to be in the range of $17.25 million to $17.75 million [25] Q&A Session Summary Question: Details on the partnership with the capital equipment company - The partnership involves extensive collaboration on technology development and production, with the partner providing significant resources and capabilities [32] Question: Focus of the partnership - The work is primarily focused on gate all around technologies, applicable to both logic and memory sectors [33] Question: Updates on STMicro collaboration - The company is engaged in discussions with multiple groups within STMicro, indicating strong credibility and interest in various technology areas [36][38] Question: Progress with RF SOI customers - There is increased interest in improving low noise amplifiers (LNAs) due to changing specifications from mobile phone manufacturers [43] Question: Status of transformative customers - Discussions with transformative customers are ongoing, with positive momentum and interest in expanding collaboration [49] Question: Financial outlook and operating expenses - Non-GAAP operating expenses for 2025 are projected to be around $17.25 million to $17.75 million, with a gradual ramp-up expected [54]

推荐阅读： 点击查看往期内容 芯片超人现有 1600平米 芯片智能仓储基地，现货库存型号 1000+ ，品牌高达 100种 ， 5000万颗 现 货库存芯片，总重量 10吨 ，库存价值高达 1亿+ 。同时，芯片超人在深圳设有独立实验室，每颗物料 均 安排QC质检 。 优势物料，特价出售 | 品牌 | 型号 | 数量 | 年份 | | --- | --- | --- | --- | | ROHM | BR24G512FJ-3AGTE2 | 50K | 22+ | | ST | STM32F412CEU6 | 500个 | 23+ | | ADI/MAX | MAX20008AFOD/VY+T | 5000个 | 23+ | | MICROCHIP | MCP3221A5T-I/OT | 6000个 | 22+ | | ON | MBRA340T3G | 30K | 23+ | | ON | NRVB0540T1G | 30K | 24+ | 服务8000+用户 库存发布、需求匹配、买卖呆料 上【工厂呆料】，搞钱！ ↓ ↓ ↓ 你 "在看" 我吗？ ▶ TI、ADI涨价，国产模拟芯片悄悄接单 ▶ 风口浪尖上的TI ...

Financial Performance - STMicroelectronics reported Q1 2025 net revenues of $2.52 billion, a decrease of 27.3% year-over-year[6]. - Gross margin for Q1 2025 was 33.4%, down 830 basis points from 41.7% in Q1 2024[6]. - Operating income fell to $3 million, a 99.5% decrease compared to $551 million in the same quarter last year[11]. - Net income decreased to $56 million, down 89.1% from $513 million in Q1 2024, resulting in diluted earnings per share of $0.06[6]. - Total net revenues for Q1 2025 were $2,517 million, a decrease of 24% compared to $3,321 million in Q4 2024[43]. - Free Cash Flow for Q1 2025 was $30 million, a decrease from $128 million in Q4 2024[62]. - Non-U.S. GAAP net earnings for Q1 2025 were $63 million, with diluted EPS of $0.07, compared to $56 million and $0.06 in U.S. GAAP[49]. Revenue Expectations - The company expects Q2 2025 net revenues to be $2.71 billion, a sequential increase of 7.7% but a year-over-year decrease of 16.2%[22]. Cost Management - STMicroelectronics confirmed an annual cost savings target in the high triple-digit million-dollar range by the end of 2027 as part of its manufacturing footprint reshaping program[7]. Cash Flow and Liquidity - Net cash from operating activities was $574 million in Q1 2025, down 51.5% from $859 million in Q1 2024[15]. - Cash and cash equivalents decreased to $1,781 million from $3,133 million year-over-year[35]. - The company’s net financial position as of March 29, 2025, was $3,082 million, down from $3,231 million at the end of Q4 2024[53]. - Total liquidity decreased to $5,959 million in Q1 2025 from $6,184 million in Q4 2024[53]. Inventory and Capital Expenditures - Inventory at the end of Q1 2025 was $3.01 billion, an increase from $2.69 billion in the year-ago quarter[17]. - The company plans to maintain its net capital expenditures between $2.0 billion and $2.3 billion for 2025[7]. Environmental Goals - The company aims to achieve 100% renewable electricity sourcing by the end of 2027[31]. - STMicroelectronics is on track to be carbon neutral in all direct and indirect emissions by 2027[31]. Segment Performance - The Analog products, MEMS and Sensors segment reported net revenues of $1,069 million, down from $1,348 million in Q4 2024, with an operating income of $82 million[43]. - The Power and Discrete products segment experienced a net revenue decline to $397 million from $602 million in Q4 2024, resulting in an operating loss of $28 million[43]. - Embedded Processing segment net revenues fell to $742 million from $1,002 million in Q4 2024, with operating income decreasing to $66 million[43]. - The RF & Optical Communications segment reported net revenues of $306 million, down from $366 million in Q4 2024, with operating income of $43 million[43]. Capacity Charges - The company incurred unused capacity charges of $123 million in Q1 2025, compared to $118 million in Q4 2024[43].

前几日，意法半导体（ST）收购加拿大AI初创公司Deeplite的消息引发行业关注。 Deeplite号称边缘AI的DeepSeek，该公司在模型优化、量化和压缩方面 有独特技术，可使AI大模型在边缘设备上运行得更快、更小、更节能。 自从DeepSeek带火了蒸馏模型以后，更多人开始关注AI大模型在边缘端的部署。而在过去，TinyML一直也在MCU领域很火热。现在，边缘AI走得更快 了，市场也正在走向爆发。 ST的期盼：打造先进的边缘AI系统 ST之所以在最近收购DeepLite是因为两家公司拥有很好的协同效应：该公司的优化、量化和压缩深度学习模型技术，无疑能够加速ST的首款高性能 STM32N6的采用。 在商业上部署深度学习模型时，面临的重大挑战是它们的运行规模、处理器量和功耗密集型程度。Deeplite 通过提供自动化软件引擎来优化 DNN（深度 神经网络）模型，并在任何设备上启用 AI 进行边缘计算，从而解决了这个问题。 说起来，DeepLite这家公司的产品很有意思，简单来说就是AI套娃，使用 AI 自动使其他 AI 模型更快、更小、更节能，从而创建高度紧凑、高性能的深度 神经网络，以部署在安全摄像头 ...

21世纪经济报道记者骆轶琪 广州报道 受汽车和工业等终端市场持续低迷影响，功率芯片大厂在2024年全面掉出全球排名前十位半导体厂商阵 营。 根据Gartner统计，按照收入计算，2024年全球规模最大公司主要来自计算、通信、存储领域，其中英 伟达超越了三星电子和英特尔，首次跃居首位。 相比之下，此前多年中，功率芯片大厂德州仪器、意法半导体都曾进入过全球前十阵营，在2024年均没 有上榜。被美光科技和联发科的高成长所替代。 这背后受到汽车等终端市场全球整体销售疲弱所影响，不过从海外大厂近期的业绩交流来看，近期似乎 逐渐显露出好转迹象，但尚未有明显的扭转拉动力。 Counterpoint研究副总监Brady Wang对21世纪经济报道记者分析，"由于宏观经济疲软及关税政策带来的 不确定性加剧，我们已将汽车半导体需求复苏的预测时间从2026年第一季度推迟至2026年第二季度。近 期多家汽车半导体企业的大规模裁员已印证这一调整。" 汽车业务仍在承压 多家功率芯片大厂的业绩显示，汽车芯片相关业务依然面临成长性压力。 恩智浦发布的2025年第一季度财报显示，期内汽车业务收入16.74亿美元，环比下滑6%、同比下滑7%。 ...

近期，恩智浦在最新财报中宣布了新任CEO，该公司指出：现任CEO库尔特·西弗斯将于今年年底从公 司退休。现任恩智浦高管拉斐尔·索托马约尔将立即担任总裁一职，并将于10月28日成为新任首席执行 官。 恩智浦表示，拉斐尔在制定和塑造恩智浦战略以及推动公司成功方面发挥了不可或缺的作用。公司相 信，他是恩智浦总裁兼首席执行官的理想人选，能够实现公司在汽车、工业和物联网终端市场边缘智能 系统领域占据领导地位的愿景。 最新财报显示，今年一季度，恩智浦营收28.4亿美元，高于市场预期的28.3亿美元，但较去年同期31.3 亿美元要低。 恩智浦在财报中表示，受国际形势剧烈变化影响，公司正处于"非常不确定的环境"中。恩智浦对未来市 场持"谨慎乐观"态度，并预测第二季度的收入将下降到28亿到30亿美元。 其中，恩智浦在第三代半导体领域尤其是氮化镓领域已经形成全面业务布局。核心技术方面，恩智浦采 用碳化硅基氮化镓（GaN on SiC）技术，结合SiC优异的导热性和GaN的高功率密度、低损耗特性，适 用于高频、高压场景。该技术已应用于5G基站射频功率放大器（PA）及军事雷达系统，显著提升器件 性能。 此外，针对消费电子和工业电源市 ...