1 Chip destocking cycle is relatively long. This is because the chip is a high-tech product, the life cycle is relatively long, the market demand changes slowly, and the production and sale of the chip takes a long time. In addition, the research and development and manufacturing costs of chips are high, and once they are produced, it takes a certain amount of time to recover costs and obtain profits. The chip destocking cycle is generally a few months to about a year, depending on market demand and product characteristics. For some high-end chip products, the destocking cycle may be longer, or even take several years.