Alpha &Omega

Looks like Power Semis are already starting price hikes.

Which is bullish thematically for US power semi trade from $Alpha &Omega(AOSL.US) to $Power Integrations(POWI.US), before the 800V DC shift fully hits.

China's Yangjie Technology, announced a 2nd price increase this year, raising prices across its full product range by 10%-15%, July 1.

Chongqing China Resources Micro, Silan Microelectronics, and NCE Power also price hiked.

“Demand is playing a larger role than costs in the latest round of price increases” from AI DCs, to energy systems, and new EVs.

Another potential beneficiary is the upstream material companies that make these:

- nonferrous metals like copper and tin.

-Plastic molding compounds

- chemicals, and packaging consumables

“Nearly all major Chinese power semiconductor makers have raised prices in 2026.” (Digitimes)

So positive read through on power semi adjacent (reduce China-driven price pressure + better pricing + demand validation)