According to the latest report from IC Insight, the financial results in this quarter of Micron Technology Inc., a large memory and storage solution provider, were far worse than expected. Taiwan top 10 semiconductor suppliers mostly show a decrease in revenue in June, which is a warning of the reversal of the semiconductor industry boom.

Micron estimated its quarterly revenue will be $7.2 billion (up or down $0.4 billion), decreasing by 17% compared with the last quarter. IC Insights pointed that the sharp decline in Micron’s quarterly revenue is a warning of the weak memory demand in Q3.

IC Insights said the semiconductor suppliers in Taiwan also sound an alarm. The top 10 semiconductor suppliers showed a decline in monthly revenue by 5%. Among the top 4 suppliers, TSMC, MediaTek, and Rayson’s revenue reduced from last month. The monthly revenue of Uniwin, the leading manufacturer of drive ICs, decreased by 26%. DRAM manufacturer Nanya Technology’s revenue also decreased by 16%.

In addition, the report suggested that TSMC's revenue in June decreased by 5%, but its June revenue from 2016 to 2021 averagely increased by 14% and decreased by 13% in 2018 only. Reportedly, TSMC will announce its 2022Q2 revenue on July 14.

Source from Sina