TechInsights: Semiconductor market expected to surge 23% YoY in H2, discrete semiconductor prices to remain stable
1min read TechInsights published that the semiconductor market grew 20% YoY in the first half of 2024, and is expected to continue to surge at 23% in the second half of 2024. The price trend forecast for the third quarter of 2024 for the discrete semiconductor and passive device categories remains unchanged, as the current update view shows that these trends are heading in the same direction.The overall average lead time is expected to remain at 14 weeks for the rest of the year. The lead time for discrete semiconductors and passive devices is above the overall average for all categories and will maintain similar lead time trends as the previous quarter.The overall price for discrete semiconductors will remain stable until the end of this year. The price of discrete semiconductor devices is expected to decline 2.1% in the next quarter and 2.6% in the next quarter.Prices for passive devices will decline 1% in Q1 2025, and this trend will continue for the next two quarters as demand picks up and inventory is reduced. The price is expected to decline 4% in Q2 2025, and then level off in Q3 2025, with the decline narrowed to 0.4%.