onsemi, Skyworks Solutions, and Microchip Technology Shares Plummet, What You Need To Know - Yahoo Finance

On July 2, 2026, the global semiconductor sector experienced a significant pullback amid concerns over cooling demand for AI chips. Stocks of analog semiconductor companies such as onsemi, Skyworks So... Read original →

The AI chip demand slowdown is triggering a structural recalibration across the semiconductor value chain. HBM capacity throttling by SK Hynix and Samsung not only hits memory makers but also dampens ASML’s EUV shipment cadence, cascading into underutilized materials and packaging capacity. Analog players like Microchip and onsemi are especially vulnerable due to their exposure to AI server power and RF subsystems, tightly coupled with cloud capex cycles. Meta’s move to lease idle AI compute reveals underlying utilization gaps, fueling overcapacity fears. Geopolitically, tightening U.S.-EU export controls on advanced tools will raise non-U.S. firms’ access costs, accelerating supply chain fragmentation. Over the next 12–24 months, only companies with diversified end-markets—especially automotive and industrial—and strong vertical integration will survive the shakeout. Current stock corrections reflect sentiment overshoot, not fundamental collapse; valuations of high-quality names now offer strategic entry points.