ADI: Universal material prices are inverted
2023-10-26
ADI: Universal material prices are inverted
ADI demand is very little, the market general material stock is sufficient, the price is upside down, the current shortage is still industrial control, medical, car gage materials, the delivery time is basically more than 26 weeks, such as car gage material LTC6810HG-1#3ZZPBF, the delivery time is 52 weeks, the price is very high. LTC6078HMS8#PBF, LTC24111MS#TRPBF, LTC1290CISW#PBF and other materials still have a long delivery time and high prices.
ADI's third-quarter revenue fell about 1 percent from a year earlier to $3.08 billion, missing expectations on both the top and bottom lines. ADI said shipments in the third quarter were below end-market demand and it expects the same in the fourth quarter. ADI said that in the second half of the year, the price of popular industry materials will be adjusted to meet the current high demand and adjust the revenue structure.
