Kechong Board Daily (Shanghai, editor Song Ziqiao) news, last night (December 7) the United States three major indexes collectively open higher, chip plate performance is the most bright eye, Philadelphia semiconductor index intraday hit a 52-week high, close up nearly 5 points, or far larger disk, back to 3900 points above.

A number of stocks wiped out last week's losses. Among them, Nano Semiconductor rose more than 8%, Nvidia, Valens, Marvell Technology, ASML, Wolfspeed, NXP, Applied Materials, Ram Research, Anson Rose more than 5%, Qualcomm, Chip, AMD, Intel, Micron, TSMC and others have followed.

What are the common features of the leading stocks? Combing through their main businesses and looking at the new growth poles they are trying to exploit, they are all rushing into the automotive chip market.

Nano semiconductor appeared at the recent Xiaomi Technology Day (Xiaomi 2021 Demo Day) and demonstrated how its next-generation gallium nitride technology can be applied to Xiaomi's products, "including mobile fast chargers, home appliances, tools and electric vehicles," with its kilowatt electric vehicle power chip attracting the most attention. Nano micro semiconductor intends to take this product to join mi car camp.

Nvidia is the world's largest AI chip manufacturer. By creating the "three-core" strategy of "GPU+CPU+DPU", nvidia builds the underlying technology of the meta-universe. In addition, with the increasing penetration rate of smart cars, its intelligent cockpit chip and autonomous driving chip business is expected to bring it a large amount of revenue. Mercedes-benz, Audi, Nio, Xiaopeng, Ideal and other new and old power car companies have established cooperation with Nvidia.

Valens is a major automotive semiconductor manufacturer specializing in audio/video chip solutions for the automotive industry. Valens has established strategic partnerships with several original equipment manufacturers and tier 1 automotive industry suppliers in the field of autonomous driving.

Marvell technology's Q3 revenue hit a record high, data center and vehicle-related chip business is its main source of revenue, and showed an explosive growth trend. In the third quarter, Marvell's data center chip business and automotive/industrial chip related business increased by 109% and 114% year-on-year respectively. The company has launched a new arm-based autonomous driving optimized chip, aiming to capture the future 20% compound growth rate of autonomous driving computing chip market.

At present, the penetration rate of electric vehicles is constantly improving, the whistle of the second half of automobile intelligence has been blown, and the demand for automobile chips is expected to further expand. Industrial Securities analyst Xie Heng previously said that next year, the overall automotive chip is still expected to continue the boom cycle, with high voltage part as an example, in the process of rapid penetration of electric vehicles, the demand for IGBT, SiC and so on increased significantly, the value of a single vehicle compared with fuel vehicles increased by thousands of yuan. The demand for automotive gauge logic IC, MCU, transistor and sensor has also increased significantly. At present, automotive gauge signal chip, medium and low voltage MOS are in short supply, and the industry leader Anson Mei's capacity is obviously tight. In the future, auto regulation chip companies with flexible capacity will fully benefit from the electrification and electronization of vehicles and achieve a continuous increase in their share.

On the other hand, there are signs of normalization of inventory turnover of auto semiconductor, and the problem of chip shortage is easing. According to statistics, benefiting from the gradual recovery of production capacity, renesas Electronics, NXP, Infineon, STMICROELECTRONICS, Texas Instruments, the inventory level finally turned up at the end of September for the first time in eight months, inventory turnover signs show.