Automotive chip demand surges in 2Q26 on EV reset

<p class="P1" data-sourcepos="7:1-7:356;143-498">Automotive chip demand surprised to the upside in the second quarter of 2026, with industry players saying the market could stay hot in the second half as new EV architectures become clearer and customers rebuild inventories. The strongest signal came from Texas Instruments (TI), which said the strength in automotive chips was completely unexpected.