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Transphorm quarterly product revenue falls by 11% due to short-term demand pushouts

What happened

Transphorm reported Q3 FY2024 product revenue of $4.67M, an 11% sequential decline attributed to short-term customer demand pushouts. The company's GaN FET revenue fell despite a slight year-over-year increase in total revenue. Bearish: The report signals near-term demand softness for GaN power semiconductors, potentially indicating inventory adjustments or project delays among key customers.

Impact and signal

Medium impactImpact score: 55/100

Affected components and suppliers

GaN FETsHigh-Voltage Power Semiconductors

Transphorm Inc

demand-weaknessrevenue-declineearnings-report

Source and time

Source: Semiconductor Today · 2/22/2024 · View original source

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Transphorm quarterly product revenue falls by 11% due to short-term demand pushouts

What happened

Impact and signal

Affected components and suppliers

Source and time

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