Institutions: The top ten global wafer foundries in the first quarter saw a 3.7% quarter-over-quarter increase in revenue to $47.95 billion.

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Mars Finance News, according to the latest wafer foundry industry research by TrendForce, apart from AI HPC and related peripheral orders still shipping vigorously, in the first quarter, based on early production and shipment in the TV, PC/NB, and other supply chains, as well as measures to increase peripheral IC inventory levels, wafer foundries have successively received customers' early production or additional order requests. Although still affected by the off-season of smartphone production, the off-season factors are basically offset by the supply chain's early pull-in, resulting in a generally strong seasonal performance. In the first quarter, the global top ten wafer foundry revenue increased by 3.7% quarter-on-quarter to $47.95 billion, setting a new record. Looking ahead to the second quarter, the early stocking benefits for TV, PC/NB ODMs and brands will continue for about another quarter. Additionally, as smartphones gradually enter new device stocking cycles, wafer foundries, based on the recovery of capacity utilization, are expressing to customers their intention to raise wafer foundry prices in the second half of the year. This will drive some process wafer foundry prices to bottom out and rebound, further stimulating customers' early stocking motivation. Meanwhile, the demand growth momentum for AI-related advanced processes and Power products exceeds expectations, also leading to industry order spillover and capacity squeezing effects. TrendForce estimates that the global top ten wafer foundry revenue in the second quarter will reach a new peak, with a significantly accelerated quarter-on-quarter growth rate. (Cailian Press)
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