Core Viewpoint - The automotive chip market is experiencing a significant downturn, with prices continuing to be inverted and many businesses moving away from this sector due to reduced demand and excess inventory [3][10]. Group 1: Current Market Conditions - Automotive chip prices remain inverted, leading to a decline in business activity, with many companies reporting minimal engagement in this market [5][9]. - The market has seen a drastic drop in prices for various automotive chips, with examples showing reductions from hundreds or thousands of yuan to single-digit prices [6][8]. - The current market is characterized by an oversupply of automotive chips, resulting in a buyer's market where prices are being pressured downwards [9]. Group 2: Performance of Major Manufacturers - Major automotive chip manufacturers are facing challenges with declining demand and excess inventory, leading to slowed revenue growth and even declines in some cases [12][13]. - Financial reports from leading manufacturers indicate that while some regions show stability, overall market visibility remains low, and caution is advised for the remainder of the year [14][15]. - Despite some signs of recovery, the automotive chip market is still in a downward cycle, with expectations for gradual improvement in 2025 [16]. Group 3: Future Outlook - The automotive chip market is gradually stabilizing, with some signs of reduced inventory and less intense price inversion, although the market remains cautious [18][19]. - The shift from a previously booming market to a more rational and stable environment indicates a return to normalcy in the supply chain, with less emphasis on speculative trading [18]. - Ongoing developments in the industry, such as recent events involving major companies, may still impact the stability of the automotive chip market [19].
躁动的市场,有些汽车芯片还在倒挂中