2024-04-10 17:15:47 ET
Summary
- Silicon carbide demand is experiencing a downturn due to market saturation and a slowdown in the electric vehicle market.
- Axcelis Technologies' SiC segment is expected to account for 50% of shipped system revenue in 2024, down from initial forecasts.
- Other semiconductor vendors, such as inTEST and Aehr Test Systems, are also being impacted by the decline in SiC demand.
There has been a significant shift in the market dynamics for silicon carbide, a critical material in various high-performance electronic and industrial applications. This shift indicates that the once-booming demand for SiC, driven by its superior properties and wide-ranging applications, from electric vehicles (EVs) and renewable energy systems to power electronics, is experiencing a downturn....
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The Silicon Carbide Luster Is Gone For Axcelis And Other Semiconductor Supply Chain Vendors