NuAxiSemiconductor trade intelligence
SemiLEDs revenue halves quarter-to-quarter
What happened
SemiLEDs reported Q2 FY2024 revenue of $886k, a 46% sequential decline from $1.65m. The sharp drop, despite including a Chinese New Year holiday production shutdown, indicates significant underlying demand weakness for its LED components. Bearish: The severe revenue contraction signals weak end-market demand, which could pressure pricing and inventory levels for LED chips.
Impact and signal
Medium impactImpact score: 55/100
Affected components and suppliers
LED Chip
SemiLEDs Corp
revenue-declinedemand-weakness
Source and time
Source: Semiconductor Today · 4/4/2024 · View original source
Open the NuAxi live feed →
Real-time pricing, supply signals and AI analysis for semiconductor traders