Trending Industry Today: SICC Leads Losses In Power Semiconductor Stocks - Moomoo

The power semiconductor sector is experiencing a downturn today, with several constituent stocks showing significant declines. SICC (02631.HK) leads the losses, dropping 14.9% to HK$83.05, with a turn... Read original →

The sharp selloff in power semiconductor stocks—led by SICC and INNOSCIENCE—is not mere sentiment-driven volatility but a symptom of structural fragility amid technology transition. SiC device makers are hitting 8-inch wafer yield ceilings just as EV OEMs pivot to hybrid IGBT solutions to cut costs, eroding premium SiC demand forecasts. Regulatory headwinds loom larger: the EU’s Critical Raw Materials Act now classifies silicon carbide as strategic, raising compliance barriers and supply chain redundancy costs for Chinese firms expanding overseas. Competitors like Infineon have already trimmed 2026 SiC capacity plans, while mainland IDMs such as Silan Micro and China Resources Micro are poised to capture mid-voltage segments. Over the next 12–24 months, only vertically integrated players with substrate self-sufficiency will survive the impending price war and set new industry benchmarks. This correction marks the beginning of a fundamental valuation reset, not a transient dip.