Power Integrations Seeing A Temporary Brownout

Jan. 12, 2023 3:37 PM ETPower Integrations, Inc. (POWI)ADI, IFNNY, ON
Stephen Simpson profile picture
Stephen Simpson


  • Power Integrations is seeing a painful inventory correction cycle playing out across all of its markets, and pricing/demand are likely to be weak in FY'23.
  • Beyond this correction is a bright future with leading power conversion products, including gate drivers and motor control chips that serve growth in building/factory automation, energy efficiency and EVs.
  • Power Integrations still isn't conventionally cheap, but it's more reasonably priced than it usually is and the company offers well above-average growth potential over the longer term.
Quantum computing concept. Abstract glowing electronic circuit.


Even differentiated growth stories are often bounded by the performance of the underlying markets they serve, and so it seems with Power Integrations (NASDAQ:POWI). After a soft third quarter that saw 13% sequential revenue contraction, management guided to even weaker

This article was written by

Stephen Simpson profile picture
Stephen Simpson is a freelance financial writer and investor. Spent close to 15 years on the Street (sell-side, buy-side, equities, bonds); now a semi-retired raccoon rancher. That last part isn't entirely true. Probably.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.