$Micron Technology(MU)$ We sha_老虎社区_美港股上老虎

We shall see when it is towards end of September.

What Chip Shortage: Inventory At Leading Chipmakers Hits Record $65 Billion<blockquote>什么芯片短缺：领先芯片制造商的库存达到创纪录的650亿美元</blockquote>

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精彩评论

爱吃苹果的小李
2021-08-24
爱吃苹果的小李
换手率1.98%，这只股票可以啊~
九洲仙人
2021-08-24
九洲仙人
主要还是车载芯片和挖矿这两个领域太火爆
波king
2021-08-24
波king
芯片股的趋势目前不会改变

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most notably $Toyota$ last week - announced they would throttle auto production in coming months due to a historic chip shortage: according to calculations from Financial Times parent, Nikkei, total inventory at the world's nine leading chipmakers hit a record high of $64.7 billion as of the end of June as \"companies quickly moved to ramp up production to alleviate a protracted shortage that has disrupted supply chains in the auto industry and","content":"Something odd emerged as automaker after automaker - most notably <a href=\"https://laohu8.com/S/TM\">Toyota</a> last week - announced they would throttle auto production in coming months due to a historic chip shortage: according to calculations from Financial Times parent,&nbsp;Nikkei, total inventory at the world's nine leading chipmakers&nbsp;hit a record high of $64.7 billion as of the end of June&nbsp;as \"companies quickly moved to ramp up production to alleviate a protracted shortage that has disrupted supply chains in the auto industry and beyond.\"<blockquote>一个又一个汽车制造商出现了一些奇怪的事情——最引人注目的是<a href=\"https://laohu8.com/S/TM\">丰田</a>上周-宣布，由于历史性的芯片短缺，他们将在未来几个月内削减汽车产量：根据英国《金融时报》母公司日经指数的计算，全球九家领先芯片制造商的总库存截至6月底创下647亿美元的历史新高因为“企业迅速采取行动提高产量，以缓解扰乱汽车行业及其他行业供应链的长期短缺。”</blockquote> When demand for chips used in high-performance computers and automobiles outpaced projections due to the coronavirus pandemic which forced many chipmakers to suspend production in Southeast Asia, <a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor Manufacturing</a> - the world's largest chipmaker - optimized production lines in January-June, expanding production of automotive chips during the period by 30% from a year earlier.<blockquote>由于冠状病毒大流行迫使许多芯片制造商暂停在东南亚的生产，对高性能计算机和汽车所用芯片的需求超过了预期，<a href=\"https://laohu8.com/S/TSM\">台积电</a>-全球最大的芯片制造商-1-6月优化生产线，期间汽车芯片产量同比增长30%。</blockquote> Others followed, and according to Nikkei, total inventory at TSMC, <a href=\"https://laohu8.com/S/INTC\">Intel</a>, Samsung Electronics, <a href=\"https://laohu8.com/S/MU\">Micron Technology</a>, SK Hynix, <a href=\"https://laohu8.com/S/WDC\">Western Digital</a>, <a href=\"https://laohu8.com/S/TXN\">Texas Instruments</a>, Infineon Technologies and STMicroelectronics are&nbsp;now at historic highs, as chipmakers expand their stockpile of raw materials to drive production.&nbsp;The share of raw materials in total inventory has steadily been increasing since March 2019 at the seven companies that provide comparable data, and topped 24% as of the end of March.<blockquote>其他人紧随其后，据日经新闻报道，台积电的总库存，<a href=\"https://laohu8.com/S/INTC\">英特尔</a>、三星电子、<a href=\"https://laohu8.com/S/MU\">美光科技</a>, SK海力士,<a href=\"https://laohu8.com/S/WDC\">西部数据</a>,<a href=\"https://laohu8.com/S/TXN\">德州仪器</a>、英飞凌科技和意法半导体是随着芯片制造商扩大原材料库存以推动生产，目前处于历史高位。自2019年3月以来，在提供可比数据的七家公司中，原材料在总库存中的份额一直在稳步上升，截至3月底已超过24%。</blockquote> At the same time, finished chips are flying off the shelves: while turnover usually falls when total inventory increases, due to the backlog of persistent demand, sales have been growing faster than inventory, and the April-June quarter saw a turnover rate of 7.8, the highest in 18 months.<blockquote>与此同时，成品芯片正在下架：虽然当总库存增加时，周转率通常会下降，但由于持续需求的积压，销售额的增长一直快于库存，4月至6月季度的周转率为7.8，为18个月来最高。</blockquote> Still, as the Japanese publication notes, there is concern that growing inventories are not necessarily an accurate reflection of actual chip demand. For example,&nbsp;many automakers are now shifting away from the just-in-time strategy-- or holding as little parts inventory for as short a time as possible -- to&nbsp;holding spare inventory in case of supply chain disruptions.<blockquote>尽管如此，正如日本出版物指出的那样，人们担心不断增长的库存不一定能准确反映实际的芯片需求。例如，许多汽车制造商现在正在放弃准时制战略--或在尽可能短的时间内持有尽可能少的零件库存--在供应链中断的情况下持有备用库存。</blockquote> \"We may need to change the way we approach inventory, like by cultivating more chip suppliers,\" <a href=\"https://laohu8.com/S/HMC\">Honda</a> Motor Executive Vice President Seiji Kuraishi said Electronic equipment maker Fujitsu <a href=\"https://laohu8.com/S/BGC\">General</a> had also increased its inventory of chips and other components and materials by about 20% in three months as of the end of June.&nbsp;\"We are securing more components even if it means a larger inventory in case the semiconductor shortage drags on,\"&nbsp;said Vice President Hiroshi Niwayama.<blockquote>“我们可能需要改变处理库存的方式，比如培养更多芯片供应商。”<a href=\"https://laohu8.com/S/HMC\">本田</a>电机执行副总裁仓石诚司表示，电子设备制造商富士通<a href=\"https://laohu8.com/S/BGC\">一般的</a>截至6月底的三个月内，其芯片和其他零部件和材料的库存也增加了约20%。“我们正在获得更多组件，即使这意味着在半导体短缺持续的情况下需要更多库存。”副会长Niwayama说。</blockquote> Of course, while demand is solid there is little risk of excess inventory; but chipmakers worry that these developments could lead to a glut down the line.<blockquote>当然，虽然需求强劲，但库存过剩的风险很小；但芯片制造商担心这些发展可能会导致供应过剩。</blockquote> \"We have an order book that represents approximately two years of revenue,\" said Helmut Gassel, chief marketing officer at Infineon Technologies. \"We expect there to be some double ordering, which is, as always, impossible to quantify.\"<blockquote>英飞凌科技公司首席营销官Helmut Gassel表示：“我们的订单相当于大约两年的收入。”“我们预计会出现一些双重订购，这与往常一样是无法量化的。”</blockquote> But signs of a slowdown are already emerging in memory chips, where three key producers including Micron Technology and SK Hynix reported a steady decline in inventory. The bulk price of 4GB DDRs, which serve as a benchmark for dynamic random-access memory used in computers, roughly stayed flat for the second straight month in July at around $3.20 per chip. Global shipments of smartphones, which require memory chips, also fell markedly in April-June.<blockquote>但存储芯片已经出现放缓迹象，包括美光科技和SK海力士在内的三家主要生产商报告库存稳步下降。作为计算机中使用的动态随机存取存储器基准的4GB DDR的批量价格在7月份连续第二个月大致持平，约为每个芯片3.20美元。需要存储芯片的智能手机的全球出货量在4月至6月也明显下降。</blockquote> At the start of August, the SOX semi index slumped after <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> issued a&nbsp;rare downgrade&nbsp;of core semiconductor names including SK Hynix, Samsung and Micron, warning that \"winter is coming\" for the DRAM sector, which is expected to peak in Q4 2021.<blockquote>8月初，SOX semi指数暴跌<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>罕见地下调了SK海力士、三星和美光等核心半导体公司的评级，警告称“冬天来了“对于DRAM行业，预计将在2021年第四季度达到顶峰。</blockquote> \"The supply of memory chips will likely surpass demand in the first half of 2022, bringing prices down,\" said Akira Minamikawa at research company Omdia, echoing <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>'s concerns.<blockquote>研究公司Omdia的Akira Minamikawa表示：“存储芯片的供应可能会在2022年上半年超过需求，从而导致价格下降。”<a href=\"https://laohu8.com/S/MSTLW\">摩根士丹利</a>的担忧。</blockquote> As a result, Samsung and Micron's stock prices plunged this month as investors brace for an eventual correction in the chip market.<blockquote>因此，三星和美光的股价本月暴跌，因为投资者准备迎接芯片市场的最终调整。</blockquote> Still, leading chipmakers continue to rake in big bucks. The top 10 players by market capitalization booked $276 million in net profit in April-June, an increase of about 60% on the year and their sixth straight quarter of gains. They are also pursuing major expansions, largely in logic chips. TSMC plans to make $100 billion in capital investments over three years, while Intel has announced plans for a new $20 billion plant in Arizona.<blockquote>尽管如此，领先的芯片制造商仍在继续赚大钱。4月至6月，市值排名前10的公司净利润为2.76亿美元，同比增长约60%，连续第六个季度实现增长。他们还在寻求重大扩张，主要是在逻辑芯片领域。台积电计划在三年内进行1000亿美元的资本投资，而英特尔则宣布计划在亚利桑那州新建一座200亿美元的工厂。</blockquote> But the chip industry has experienced major fluctuations in the past, saddling manufacturers with excess capacity built up during boom years once the market cools down. Expansions currently underway will go online in two to three years, meaning they may end up dragging companies down.<blockquote>但芯片行业过去经历过重大波动，一旦市场降温，制造商就会背负繁荣时期积累的过剩产能。目前正在进行的扩张将在两到三年内上线，这意味着它们最终可能会拖累公司。</blockquote>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Chip Shortage: Inventory At Leading Chipmakers Hits Record $65 Billion<blockquote>什么芯片短缺：领先芯片制造商的库存达到创纪录的650亿美元</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Chip Shortage: Inventory At Leading Chipmakers Hits Record $65 Billion<blockquote>什么芯片短缺：领先芯片制造商的库存达到创纪录的650亿美元</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nzerohedge2021-08-23 14:47\n\n</h4>\n</header>\n<article>\nSomething odd emerged as automaker after automaker - most notably <a href=\"https://laohu8.com/S/TM\">Toyota</a> last week - announced they would throttle auto production in coming months due to a historic chip shortage: according to calculations from Financial Times parent,&nbsp;Nikkei, total inventory at the world's nine leading chipmakers&nbsp;hit a record high of $64.7 billion as of the end of June&nbsp;as \"companies quickly moved to ramp up production to alleviate a protracted shortage that has disrupted supply chains in the auto industry and beyond.\"<blockquote>一个又一个汽车制造商出现了一些奇怪的事情——最引人注目的是<a href=\"https://laohu8.com/S/TM\">丰田</a>上周-宣布，由于历史性的芯片短缺，他们将在未来几个月内削减汽车产量：根据英国《金融时报》母公司日经指数的计算，全球九家领先芯片制造商的总库存截至6月底创下647亿美元的历史新高因为“企业迅速采取行动提高产量，以缓解扰乱汽车行业及其他行业供应链的长期短缺。”</blockquote> When demand for chips used in high-performance computers and automobiles outpaced projections due to the coronavirus pandemic which forced many chipmakers to suspend production in Southeast Asia, <a href=\"https://laohu8.com/S/TSM\">Taiwan Semiconductor Manufacturing</a> - the world's largest chipmaker - optimized production lines in January-June, expanding production of automotive chips during the period by 30% from a year earlier.<blockquote>由于冠状病毒大流行迫使许多芯片制造商暂停在东南亚的生产，对高性能计算机和汽车所用芯片的需求超过了预期，<a href=\"https://laohu8.com/S/TSM\">台积电</a>-全球最大的芯片制造商-1-6月优化生产线，期间汽车芯片产量同比增长30%。</blockquote> Others followed, and according to Nikkei, total inventory at TSMC, <a href=\"https://laohu8.com/S/INTC\">Intel</a>, Samsung Electronics, <a href=\"https://laohu8.com/S/MU\">Micron Technology</a>, SK Hynix, <a href=\"https://laohu8.com/S/WDC\">Western Digital</a>, <a href=\"https://laohu8.com/S/TXN\">Texas Instruments</a>, Infineon Technologies and STMicroelectronics are&nbsp;now at historic highs, as chipmakers expand their stockpile of raw materials to drive production.&nbsp;The share of raw materials in total inventory has steadily been increasing since March 2019 at the seven companies that provide comparable data, and topped 24% as of the end of March.<blockquote>其他人紧随其后，据日经新闻报道，台积电的总库存，<a href=\"https://laohu8.com/S/INTC\">英特尔</a>、三星电子、<a href=\"https://laohu8.com/S/MU\">美光科技</a>, SK海力士,<a href=\"https://laohu8.com/S/WDC\">西部数据</a>,<a href=\"https://laohu8.com/S/TXN\">德州仪器</a>、英飞凌科技和意法半导体是随着芯片制造商扩大原材料库存以推动生产，目前处于历史高位。自2019年3月以来，在提供可比数据的七家公司中，原材料在总库存中的份额一直在稳步上升，截至3月底已超过24%。</blockquote> At the same time, finished chips are flying off the shelves: while turnover usually falls when total inventory increases, due to the backlog of persistent demand, sales have been growing faster than inventory, and the April-June quarter saw a turnover rate of 7.8, the highest in 18 months.<blockquote>与此同时，成品芯片正在下架：虽然当总库存增加时，周转率通常会下降，但由于持续需求的积压，销售额的增长一直快于库存，4月至6月季度的周转率为7.8，为18个月来最高。</blockquote> Still, as the Japanese publication notes, there is concern that growing inventories are not necessarily an accurate reflection of actual chip demand. For example,&nbsp;many automakers are now shifting away from the just-in-time strategy-- or holding as little parts inventory for as short a time as possible -- to&nbsp;holding spare inventory in case of supply chain disruptions.<blockquote>尽管如此，正如日本出版物指出的那样，人们担心不断增长的库存不一定能准确反映实际的芯片需求。例如，许多汽车制造商现在正在放弃准时制战略--或在尽可能短的时间内持有尽可能少的零件库存--在供应链中断的情况下持有备用库存。</blockquote> \"We may need to change the way we approach inventory, like by cultivating more chip suppliers,\" <a href=\"https://laohu8.com/S/HMC\">Honda</a> Motor Executive Vice President Seiji Kuraishi said Electronic equipment maker Fujitsu <a href=\"https://laohu8.com/S/BGC\">General</a> had also increased its inventory of chips and other components and materials by about 20% in three months as of the end of June.&nbsp;\"We are securing more components even if it means a larger inventory in case the semiconductor shortage drags on,\"&nbsp;said Vice President Hiroshi Niwayama.<blockquote>“我们可能需要改变处理库存的方式，比如培养更多芯片供应商。”<a href=\"https://laohu8.com/S/HMC\">本田</a>电机执行副总裁仓石诚司表示，电子设备制造商富士通<a href=\"https://laohu8.com/S/BGC\">一般的</a>截至6月底的三个月内，其芯片和其他零部件和材料的库存也增加了约20%。“我们正在获得更多组件，即使这意味着在半导体短缺持续的情况下需要更多库存。”副会长Niwayama说。</blockquote> Of course, while demand is solid there is little risk of excess inventory; but chipmakers worry that these developments could lead to a glut down the line.<blockquote>当然，虽然需求强劲，但库存过剩的风险很小；但芯片制造商担心这些发展可能会导致供应过剩。</blockquote> \"We have an order book that represents approximately two years of revenue,\" said Helmut Gassel, chief marketing officer at Infineon Technologies. \"We expect there to be some double ordering, which is, as always, impossible to quantify.\"<blockquote>英飞凌科技公司首席营销官Helmut Gassel表示：“我们的订单相当于大约两年的收入。”“我们预计会出现一些双重订购，这与往常一样是无法量化的。”</blockquote> But signs of a slowdown are already emerging in memory chips, where three key producers including Micron Technology and SK Hynix reported a steady decline in inventory. The bulk price of 4GB DDRs, which serve as a benchmark for dynamic random-access memory used in computers, roughly stayed flat for the second straight month in July at around $3.20 per chip. Global shipments of smartphones, which require memory chips, also fell markedly in April-June.<blockquote>但存储芯片已经出现放缓迹象，包括美光科技和SK海力士在内的三家主要生产商报告库存稳步下降。作为计算机中使用的动态随机存取存储器基准的4GB DDR的批量价格在7月份连续第二个月大致持平，约为每个芯片3.20美元。需要存储芯片的智能手机的全球出货量在4月至6月也明显下降。</blockquote> At the start of August, the SOX semi index slumped after <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> issued a&nbsp;rare downgrade&nbsp;of core semiconductor names including SK Hynix, Samsung and Micron, warning that \"winter is coming\" for the DRAM sector, which is expected to peak in Q4 2021.<blockquote>8月初，SOX semi指数暴跌<a href=\"https://laohu8.com/S/MS\">摩根士丹利</a>罕见地下调了SK海力士、三星和美光等核心半导体公司的评级，警告称“冬天来了“对于DRAM行业，预计将在2021年第四季度达到顶峰。</blockquote> \"The supply of memory chips will likely surpass demand in the first half of 2022, bringing prices down,\" said Akira Minamikawa at research company Omdia, echoing <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>'s concerns.<blockquote>研究公司Omdia的Akira Minamikawa表示：“存储芯片的供应可能会在2022年上半年超过需求，从而导致价格下降。”<a href=\"https://laohu8.com/S/MSTLW\">摩根士丹利</a>的担忧。</blockquote> As a result, Samsung and Micron's stock prices plunged this month as investors brace for an eventual correction in the chip market.<blockquote>因此，三星和美光的股价本月暴跌，因为投资者准备迎接芯片市场的最终调整。</blockquote> Still, leading chipmakers continue to rake in big bucks. The top 10 players by market capitalization booked $276 million in net profit in April-June, an increase of about 60% on the year and their sixth straight quarter of gains. They are also pursuing major expansions, largely in logic chips. TSMC plans to make $100 billion in capital investments over three years, while Intel has announced plans for a new $20 billion plant in Arizona.<blockquote>尽管如此，领先的芯片制造商仍在继续赚大钱。4月至6月，市值排名前10的公司净利润为2.76亿美元，同比增长约60%，连续第六个季度实现增长。他们还在寻求重大扩张，主要是在逻辑芯片领域。台积电计划在三年内进行1000亿美元的资本投资，而英特尔则宣布计划在亚利桑那州新建一座200亿美元的工厂。</blockquote> But the chip industry has experienced major fluctuations in the past, saddling manufacturers with excess capacity built up during boom years once the market cools down. Expansions currently underway will go online in two to three years, meaning they may end up dragging companies down.<blockquote>但芯片行业过去经历过重大波动，一旦市场降温，制造商就会背负繁荣时期积累的过剩产能。目前正在进行的扩张将在两到三年内上线，这意味着它们最终可能会拖累公司。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.zerohedge.com/markets/what-chip-shortage-inventory-leading-chipmakers-hits-record-65-billion\">zerohedge</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技","TSM":"台积电","INTC":"英特尔"},"source_url":"https://www.zerohedge.com/markets/what-chip-shortage-inventory-leading-chipmakers-hits-record-65-billion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154389228","content_text":"Something odd emerged as automaker after automaker - most notably Toyota last week - announced they would throttle auto production in coming months due to a historic chip shortage: according to calculations from Financial Times parent, Nikkei, total inventory at the world's nine leading chipmakers hit a record high of $64.7 billion as of the end of June as \"companies quickly moved to ramp up production to alleviate a protracted shortage that has disrupted supply chains in the auto industry and beyond.\"\nWhen demand for chips used in high-performance computers and automobiles outpaced projections due to the coronavirus pandemic which forced many chipmakers to suspend production in Southeast Asia, Taiwan Semiconductor Manufacturing - the world's largest chipmaker - optimized production lines in January-June, expanding production of automotive chips during the period by 30% from a year earlier.\nOthers followed, and according to Nikkei, total inventory at TSMC, Intel, Samsung Electronics, Micron Technology, SK Hynix, Western Digital, Texas Instruments, Infineon Technologies and STMicroelectronics are now at historic highs, as chipmakers expand their stockpile of raw materials to drive production. The share of raw materials in total inventory has steadily been increasing since March 2019 at the seven companies that provide comparable data, and topped 24% as of the end of March.\nAt the same time, finished chips are flying off the shelves: while turnover usually falls when total inventory increases, due to the backlog of persistent demand, sales have been growing faster than inventory, and the April-June quarter saw a turnover rate of 7.8, the highest in 18 months.\nStill, as the Japanese publication notes, there is concern that growing inventories are not necessarily an accurate reflection of actual chip demand. For example, many automakers are now shifting away from the just-in-time strategy-- or holding as little parts inventory for as short a time as possible -- to holding spare inventory in case of supply chain disruptions.\n\n \"We may need to change the way we approach inventory, like by cultivating more chip suppliers,\" Honda Motor Executive Vice President Seiji Kuraishi said\n\nElectronic equipment maker Fujitsu General had also increased its inventory of chips and other components and materials by about 20% in three months as of the end of June. \"We are securing more components even if it means a larger inventory in case the semiconductor shortage drags on,\" said Vice President Hiroshi Niwayama.\nOf course, while demand is solid there is little risk of excess inventory; but chipmakers worry that these developments could lead to a glut down the line.\n\"We have an order book that represents approximately two years of revenue,\" said Helmut Gassel, chief marketing officer at Infineon Technologies. \"We expect there to be some double ordering, which is, as always, impossible to quantify.\"\nBut signs of a slowdown are already emerging in memory chips, where three key producers including Micron Technology and SK Hynix reported a steady decline in inventory. The bulk price of 4GB DDRs, which serve as a benchmark for dynamic random-access memory used in computers, roughly stayed flat for the second straight month in July at around $3.20 per chip. Global shipments of smartphones, which require memory chips, also fell markedly in April-June.\nAt the start of August, the SOX semi index slumped after Morgan Stanley issued a rare downgrade of core semiconductor names including SK Hynix, Samsung and Micron, warning that \"winter is coming\" for the DRAM sector, which is expected to peak in Q4 2021.\n\"The supply of memory chips will likely surpass demand in the first half of 2022, bringing prices down,\" said Akira Minamikawa at research company Omdia, echoing Morgan Stanley's concerns.\nAs a result, Samsung and Micron's stock prices plunged this month as investors brace for an eventual correction in the chip market.\nStill, leading chipmakers continue to rake in big bucks. The top 10 players by market capitalization booked $276 million in net profit in April-June, an increase of about 60% on the year and their sixth straight quarter of gains. They are also pursuing major expansions, largely in logic chips. TSMC plans to make $100 billion in capital investments over three years, while Intel has announced plans for a new $20 billion plant in Arizona.\nBut the chip industry has experienced major fluctuations in the past, saddling manufacturers with excess capacity built up during boom years once the market cools down. Expansions currently underway will go online in two to three years, meaning they may end up dragging companies down.","news_type":1,"symbols_score_info":{"INTC":0.9,"TSM":0.9,"MU":0.9}},"isVote":1,"tweetType":1,"viewCount":3247,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":62,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5628489,"commentId":"5628489","gmtCreate":1629770568891,"gmtModify":1629770568891,"authorId":9000000000000229,"author":{"id":9000000000000229,"idStr":"9000000000000229","authorId":9000000000000229,"name":"爱吃苹果的小李","avatar":"https://static.tigerbbs.com/0eb1ca619238a10298cbe1a12b942794","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835563159,"objectIdStr":"835563159","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"换手率1.98%，这只股票可以啊~","text":"换手率1.98%，这只股票可以啊~","html":"换手率1.98%，这只股票可以啊~","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":5624970,"commentId":"5624970","gmtCreate":1629746807227,"gmtModify":1629746807227,"authorId":9000000000000148,"author":{"id":9000000000000148,"idStr":"9000000000000148","authorId":9000000000000148,"name":"九洲仙人","avatar":"https://static.tigerbbs.com/70eb8e5a109296fe82a90563211f430b","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835563159,"objectIdStr":"835563159","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"主要还是车载芯片和挖矿这两个领域太火爆","text":"主要还是车载芯片和挖矿这两个领域太火爆","html":"主要还是车载芯片和挖矿这两个领域太火爆","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0},{"id":5624969,"commentId":"5624969","gmtCreate":1629746757373,"gmtModify":1629746757373,"authorId":3479274789332061,"author":{"id":3479274789332061,"idStr":"3479274789332061","authorId":3479274789332061,"name":"波king","avatar":"https://static.tigerbbs.com/5085eb698e32f93414f5f47622156f8d","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":835563159,"objectIdStr":"835563159","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"芯片股的趋势目前不会改变","text":"芯片股的趋势目前不会改变","html":"芯片股的趋势目前不会改变","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/835563159"}