On September 24, at the semi-annual results meeting, Zhu Ling, head of finance at Nanxin Micro, said that the current supply of the industry is tight, the downstream industry has entered the inventory replenishment cycle, and AI is crowding out a large amount of production capacity. If AI investment maintains a high intensity, the tight pattern is expected to continue for several years. Since the end of 2025, upstream fabs and packaging and testing plants have adjusted prices one after another, and commodity costs have also risen. The company has issued price increase letters, is in negotiations with downstream customers, and has made some progress. Rational price adjustments help restore the company's profitability. At the same time, according to the company, the server power supply is divided into primary, secondary, and tertiary sides. The primary and secondary side companies have laid out a complete product portfolio such as digital isolators, isolated drivers, isolated sampling, current sensors, interface chips, and MCUs, and some products have already been supplied in batches to leading customers. According to preliminary estimates, the current market size of primary and secondary analog chips is several billion yuan, and the future is expected to reach 20 billion yuan or even higher. The tertiary side chip uses a lot and the technology iterates quickly. The company has established a separate high-performance power supply product line in 2026, aiming to provide server power supply customers with full-chain server power supply solutions.

On September 24, at the semi-annual results meeting, Zhu Ling, head of finance at Nanxin Micro, said that the current supply of the industry is tight, the downstream industry has entered the inventory replenishment cycle, and AI is crowding out a large amount of production capacity. If AI investment maintains a high intensity, the tight pattern is expected to continue for several years. Since the end of 2025, upstream fabs and packaging and testing plants have adjusted prices one after another, and commodity costs have also risen. The company has issued price increase letters, is in negotiations with downstream customers, and has made some progress. Rational price adjustments help restore the company's profitability. At the same time, according to the company, the server power supply is divided into primary, secondary, and tertiary sides. The primary and secondary side companies have laid out a complete product portfolio such as digital isolators, isolated drivers, isolated sampling, current sensors, interface chips, and MCUs, and some products have already been supplied in batches to leading customers. According to preliminary estimates, the current market size of primary and secondary analog chips is several billion yuan, and the future is expected to reach 20 billion yuan or even higher. The tertiary side chip uses a lot and the technology iterates quickly. The company has established a separate high-performance power supply product line in 2026, aiming to provide server power supply customers with full-chain server power supply solutions.