Overall Trend: Most semiconductor giants showed improved performance in Q2 2025, driven by robust AI-related demand and a notable rebound in the industrial market.
Chip Design (including IDM):
- TI (Texas Instruments): Q2 revenue rose 16% YoY to $4.45B; industrial recovery strong, auto sector lags.
- STMicroelectronics: Revenue fell 14.4% YoY to $2.76B; $133M operating loss due to restructuring.
- NXP: Revenue $2.93B, down 6% YoY but exceeded expectations across end markets.
- Qualcomm: Revenue up 10% YoY to $10.37B; strong automotive and IoT growth.
- MediaTek: Revenue slightly down QoQ but driven by AI tablets and auto chips.
- Samsung: Operating profit down 55% YoY to $3.37B; chip demand weak due to export controls.
- SK Hynix: Record Q2 results with $22.23T KRW revenue; AI memory demand surged.
- Micron: Q3 revenue hit record $9.3B; DRAM and HBM demand booming.
- Renesas: Sales down 9.5% YoY; weak auto demand offset by AI/data center growth.
- Qorvo: Revenue $818.8M, down 7.7% YoY.
- Realtek: Revenue up 4% YoY; down 8.8% QoQ; Wi-Fi 7 gaining traction.
- Yageo: AI-related product shipments increasing; Q2 revenue +4.3% YoY.
- Holtek: Revenue +13% QoQ; net profit down 76% due to FX losses.
- Murata: Strong AI server demand; mobile components weak.
- Intel: Q2 revenue $12.9B, but net loss of $2.92B; foundry unit dragged performance.
- Broadcom: Revenue $15B, AI revenue +46% YoY; semiconductor and software growth strong.
- China Domestic Players:
- 83% of 35 companies profitable in H1.
- Montage Tech: Q2 revenue +52% YoY.
- Wingtech: Net profit up 178-317% YoY.
- Rockchip: Q2 revenue +64% YoY.
Foundry (Wafer Fabrication):
- TSMC: Q2 net profit up 60.7% YoY; advanced nodes (5nm/3nm) lead.
- PSMC: Loss widened to NT$3.33B; FX loss impacts.
- UMC: Q2 profit NT$8.9B; wafer shipments up 6.2% QoQ.
- VIS: Revenue +5.7% YoY; expects 7-9% shipment growth in Q3.
Packaging & Testing:
- Amkor: Revenue $1.51B; all end markets saw double-digit growth.
- ASE (Advanced Semiconductor Engineering): Q2 revenue NT$150.75B; driven by AI/edge computing.
Equipment:
- ASML: Q2 revenue €7.7B, profit €2.3B; DRAM litho demand strong.
- Lam Research: Revenue $5.17B, net income $1.72B; expects continued strength from China.
Distribution:
- WT Microelectronics: Q2 revenue NT$250.45B, up 20.4% YoY.
- WPG Holdings: Revenue NT$259.5B, up 7% YoY.
- Edom Technology: Revenue NT$27.12B, up 10.1% YoY.
Conclusion: The semiconductor sector is in moderate recovery. AI and industrial demand are key drivers, while consumer electronics remain stable. Foundry and memory players show strong momentum, though geopolitical and trade uncertainties persist. Domestic Chinese firms are benefiting from substitution trends and recovering demand.