SEMICONDUCTORS : PCIM conference feedback

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SEMICONDUCTORS : PCIM conference feedback

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SEMICONDUCTORS

PCIM conference feedback

We attended the PCIM power analog conference in Nuremberg this week. We met with a number11 JUNE 2026

Sector Research Report of corporates including Infineon, STMicroelectronics, Microchip, CRRC, PVA TePla, Nexperia,

Production time: 05:21* (London time)

ROHM, Texas Instruments, Sanan, and Besi. We summarise our key takeaways below. For more

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detailed feedback, please contact a member of the team.

Jakob Bluestone, CFA

BNP Paribas London Branch What did we learn?(+44) 203 430 8468

Jakob.Bluestone@uk.bnpparibas.com 1. SiC picking up. In recent years, the message around silicon carbide was generally downbeat

due to the acute price pressure from Chinese competitors. This year there was a notable

Martin Jungfleisch

improvement in corporate commentary around the outlook for SiC, driven by pricing finallyBNP Paribas SA

(+49) 69 4272 97328 bottoming out, as well as new growth areas, including AI datacentres. 2. GaN increasingly

martin.jungfleisch@bnpparibas.com visible. Similarly, GaN also appears to be gaining more traction. Last year adoption of GaN still

Kohulan Paramaguru, CFA seemed modest, whereas this year it was much more visible, particularly in datacentres for

BNP Paribas London Branch intermediate voltages (e.g. for 50V to 12V transition). 3. Major focus on DC revenue growth.

(+44) 203 430 8546 Unsurprisingly, AI datacentre power was a key focus for the conference. Multiple vendors hadkohulan.paramaguru@uk.bnpparibas.com

products relevant to the obvious parts of datacentre buildout (e.g. PSU, IBC). But there were also

products from analog providers for less obvious areas that could represent meaningful revenue

streams.