On-demand Webinar: Navigating the Shifting Landscape Q4

Learn about the intricacies of the semiconductor industry with Dennis Reed from Edgewater in the next installment of our Edgewater and Octopart Webinar Series. This session provides a detailed analysis of Q4 2023, offering valuable insights into market trends, challenges, and future prospects.

About Edgewater Research:

Edgewater Research, an independent research company, brings over 60 years of collective experience to the table, specializing in technology, internet, consumer, and e-commerce vertical markets. Their team provides critical business insights to major investors and industry customers.

Here are some highlights from the webinar:

Inventory and Production Trends:

• Pronounced inventory build observed.
• 2024 is seen as a transition year with expectations for improvement.

Capital Spending:

• Noted a three-year stretch of double-digit year-over-year CapEx growth.
• Optimism about avoiding a 2000-like correction.

PC Market:

• Challenges in the PC market, with a pull forward of demand before 2023.
• Anticipation of a transition year in 2024 with no major catalyst for an upgrade cycle.

Server and AI Market:

• Growth in AI units discussed but considered insufficient to drive major changes.
• Challenges in enterprise, core data centers, and AI growth highlighted.

Smartphone Market:

• 2023 was described as a challenging year.
• Cautious growth expected in smartphones for 2024, with the curve flattening.

Automotive Market:

• Moderation in automotive production growth noted.
• Challenges and rationalization in the electric vehicle (EV) market discussed.

Industrial and Defense Markets:

• Expectation of a flattish industrial market.
• Increased defense spending due to geopolitical tensions.

Semiconductor Industry Forecast:

• 2024 projected as a transition year before returning to growth in 2025.
• Inventory levels identified as a significant risk factor.

Interconnect and Passive Components:

• More optimistic outlook for interconnect components.
• Concerns expressed about potential price pressures in the passive component market.

AI, Geopolitical Tensions, and Competition:

• Acknowledgment of the real impact of AI once stability is achieved.
• Highlighted ongoing geopolitical tensions and their potential influence.
• Emphasis on the importance of lessons learned during disruptive periods in shaping competitive dynamics.

As the world of technology and industry is always changing, our webinar offered a glimpse into the complexities and opportunities present. Staying informed and adaptable is crucial for individuals and businesses looking to thrive in these dynamic sectors.