Electronic special gases

Electronic special gases: A new semiconductor cycle is coming, and domestic substitution is in full swing

The semiconductor industry cycle is coming, and the rise of ChatGPT may become a new growth level.

A new round of upward cycle in the semiconductor industry is expected to start, and the expansion of domestic chip production will bring demand for special gases: At this stage, the semiconductor industry is still in the process of actively destocking. It is expected that demand will gradually recover in 23H2, and inventory will be gradually destocked. Demand is expected to accelerate in 2024. After sorting, it is estimated that by 2025, the total amount of new chips produced by domestic companies will reach 3.741 million pieces/month. It is estimated that the expansion of logic chips will require a total of about 690,000 tons of bulk special gases and about 587 tons of electronic special gases. The rise of ChatGPT has led to an increase in demand for GPUs. In the future, the widespread application of this technology will require large computing power support, which may drive the chip industry chain to start a new trend. At present, the global prices of LCD monitor panels have stabilized, and the prices of TV panels have increased across the board. It is expected that the display panel industry will see improvement in the second half of 2024. At the same time, in recent years, the global panel industry has continued to shift to my country, the process of domestic substitution has accelerated, and the demand in the photovoltaic market has continued to grow rapidly. The application of electronic special gases in this field is expected to maintain a steady growth trend.