Market VisibilityIn the current volatile tariff fueled environment, indie’s visibility to its customers planned volumes and program timing has simply diminished.
Revenue ForecastIndie Semiconductor is forecasting its second quarter revenue to be down another 5% sequentially, about $4.5 million below the Street consensus.
Tariff ImpactTariffs are creating uncertainty across the auto industry, resulting in reduced vehicle production, layoffs, and paused shipments from multiple OEMs, impacting end vehicle sales volumes.