2026年芯片预测，极为谨慎

Group 1 - The core viewpoint of the articles indicates a cautious outlook for the electronic components supply network, with expectations of revenue decline due to various global trade issues and high inventory levels among customers [1][2] - ECSN's market analysts report that internal inventories are being consumed to lower stock levels, but customers remain reluctant to place long-term orders [1] - Predictions for 2025 suggest a revenue decline of 2% to 4.9%, with indications that actual revenue could drop by 9% due to weak component demand and industry-wide inventory buildup [1] Group 2 - Factors limiting growth include a downturn in manufacturing, particularly in German automotive production, although the connector market shows signs of growth, especially in electric vehicles [2] - Strong demand for electronic components persists in the military and aerospace markets, but this segment represents a small portion of the overall market [2] - The semiconductor industry is expected to see robust revenue growth driven by the demand for specialized storage products like GPUs, essential for AI applications [2]