Edgewater: Analog Semiconductors > The industry is moving from general supply tightness into early shortages. Demand has accelerated through May and June, with Q2 book-to-bill (B2B) ratios tracking at 1.4x to 1.6x > Lead times are extending significantly. Power and discretes are approaching 52 weeks, while broadline semiconductors are trending toward 30+ weeks. > T-glass has emerged as a major bottleneck affecting substrate and PCB suppliers. Because limited glass supply is being prioritized for AI chips, other semiconductor sockets are heavily constrained. > Companies like $TXN, $IFNNY, and $STM are leading a second round of broad pricing increases (seeking 10–25% hikes) effective July 1st. > Discussions of a potential third round of pricing actions are already beginning to emerge for 4Q26. Additionally, MCHP is expected to implement selective pricing actions in CY3Q due to inflationary pressures. Texas Instruments: $TXN (ST Positive / LT Positive): Facing a supply crunch due to back-end bottlenecks, but pricing actions and supply tightness point to near-term revenue and margin upside. Monolithic Power Systems: $MPWR (ST Positive / LT Positive): Demand continues to outpace supply due to strong AI and CPU programs, positioning the company for near-term revenue upside and gross margin expansion. Vishay Intertechnology: $VSH (ST Positive / LT Positive): Shifting focus toward a margin-accretive business mix with potential upside from strategic capacity investments made during the previous downturn.