April 2025 Chuangxin Index Analysis Report

1. Overall market overview

• TIAffected by tariffs and rules of origin,Popularity, price, and inventory fluctuate most significantly, becoming the largest variable in April.
• storageDriven by original factory production reduction, volume control, and risk hedging and stocking up,Price increase trend established。
• STM seriesThe popularity continues and prices rise restoratively.
• The entire industry is stilldestocking cycle, the increase in demand mainly comes fromAI, automotive electronics。
• Supply chain security drivenDomestic replacementContinue to expand share and penetrate into high-end markets.

2. Popular categories and brands TOP10

Popular categories (only 2 categories increased month-on-month)

1. Transient voltage suppressor (+7.43%)
2. DC-DC converter (+7.29%)
   All other categories declined month-on-month, reflecting the industry's destocking tone.

Popular brands (only TI increased month-on-month)

• TI：+7.86%(Tariffs + Simulated Recovery Resonance)
• The remaining brands all declined month-on-month, reflecting the industry's overall adjustment and destocking pressure.

3. Features of TOP50 Hot Search Models

1. ST MCU still dominates the list

   STM32F103, F407, F030 and other series occupy the top spots, with search volume continuing to rise and prices rising simultaneously.
2. The proportion of TI has increased significantly

   A large number of signal chain and power management models are on the list, such asLM358、ULN2003、TPS5430、ISO3082、SN75176Wait, the popularity and price are rising simultaneously.
3. Other highlights

• ADI：LTM4644IY、ADM2587EKeep the heat high
• Xilinx：XC7K325TPopularity picks up
• Samsung small capacity eMMC:KLM8G1GETFThe popularity has dropped significantly

4. Main tone of prices: rising
   Popular models, mainly ST and TI, have generally increased in price, and the supply and demand structure continues to be tight.

4. Search volume surges TOP20: TI is absolutely dominant

5. Inventory increase and decrease list: reflecting real supply and demand

Inventory growth TOP10

Inventory reduction TOP10

6. Market segmentation

1. Summary of supply and demand of each brand

• TI: The most violent fluctuations, with the popularity of all categories soaring
• ST: MCU continues to be popular and prices rise
• ADI: The hot spots in the early stage continue, and the popularity of some models increases.
• Microchip / ON Semiconductor / Infineon / NXP: The overall situation is stable, focusing on destocking, and sufficient supply of vehicle specifications.

2. Memory

• DRAM:Original manufacturers reduce DDR4 production, supply shrinks, and prices rise
• NAND: The head factory controls the price to rise,Small-capacity MLC eMMC continues to be in short supply

3. Passive components

• Tantalum capacitors: KEMET will increase prices starting in June, driven by demand for AI servers
• MLCC: There is a risk of slow peak season in the second half of the year, but demand for AI servers is stable

7. Summary

• TI becomes market focus due to tariff incident, volume, price and inventory fluctuate violently;
• ST MCU continues to thrive, is the main line of certainty throughout the year;
• Storage enters price increase channel, supply-side contraction supports prices;
• The industry as a whole is stillGo to stock, but AI and cars become incremental engines;
• Supply chain security + domestic substitutionContinue to deepen, and the share of domestic chips continues to increase.