Taiwan Tech Focused Senior Analyst

Patrick Liao

Equity Bottom-Up

Taiwan Semiconductor (TSMC) - ADR / Equity Bottom-Up

Taiwan Semiconductor Manufacturing Company Ltd. manufactures integrated circuits based on its proprietary designs.  The Company offers a comprehensive set of integrated circuit fabrication processes to manufacture CMOS logic, mixed-mode, volatile and non-volatile memory and BiCMOS chips.  Taiwan Semiconductor is an affiliate of Philips Electronics N.V.

Taiwan Semiconductor (TSMC) - ADR (TSM US)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/taiwan-semiconductor-sp-adr" target="_blank" data-smartkarma-citation="entities:8587:1" rel="noopener">Taiwan Semiconductor (TSMC) - ADR (TSM US)</a> disclosed Board of Directors meeting resolutions today.</li>
<li>
<a href="https://www.smartkarma.com/entities/taiwan-semiconductor-sp-adr" target="_blank" data-smartkarma-citation="entities:8587:1" rel="noopener">Taiwan Semiconductor (TSMC) - ADR (TSM US)</a> 2nm technology manufacturing information leakage issue.</li>
<li>Currently, only TSMC, Samsung, and Intel have achieved trial production at the 2nm node.</li>
</ul>



Taiwan Semiconductor (TSMC) - ADR (TSM US) disclosed Board of Directors meeting resolutions today.

Taiwan Semiconductor (TSMC) - ADR (TSM US) 2nm technology manufacturing information leakage issue.
Currently, only TSMC, Samsung, and Intel have achieved trial production at the 2nm node.


TSMC (2330.TT; TSM.US): Board Meeting Resolutions; 2nm Technology Information Leakage Issue.

Semiconductor & Technology Specialist, Ingenuity

William Keating

Semiconductor & Technology Specialist

Ingenuity

Our focus is exclusively on in-depth research & consulting in the broader semiconductor industry. We focus on the key players, namely Intel, Micron, Qualcomm, Apple, Samsung, NVIDIA, AMD, TSMC & Global Foundries - as well as some of the lesser known, but nonetheless critical, companies such as ASML (for EUV), Mellanox, Cavium, Xilinx etc. We specialise in their products, roadmaps, process technologies, competitive advantages & threats etc. We also help our clients understand the implications of new and emerging technologies, e.g. 3D X-Point, 3D NAND, Carbon Nanotubes, Autonomous Driving, Graphene, Silicon Photonics, Wafer-Level Optics, Artificial Intelligence, FPGA, GPU, ASIC etc. 

Semiconductor Analysis & Research

Micron Technology, Inc., through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules.

<ul>
<li>Nanya last week announced that revenues for the month of July amounted to NT$5.3 billion, an increase of 31.4% MoM, and an increase of 95% YoY,</li>
<li>Micron this week revised upwards its guidance for the current quarter with a roughly $500 million increase in revenue, attributable primarily price increases for DDR5</li>
<li>Customisation of Micron's HBM4E base logic die is transforming their key customer relationships from commodity vendor to strategic ASIC design-like partner. That's good for Micron...   </li>
</ul>


Nanya last week announced that revenues for the month of July amounted to NT$5.3 billion, an increase of 31.4% MoM, and an increase of 95% YoY,
Micron this week revised upwards its guidance for the current quarter with a roughly $500 million increase in revenue, attributable primarily price increases for DDR5
Customisation of Micron's HBM4E base logic die is transforming their key customer relationships from commodity vendor to strategic ASIC design-like partner. That's good for Micron...   


Nanya July Revenue Soars 31% MoM As Micron Revises Current Quarter Guide Up >5%

Managing Director, Zero One, Zero One

Vincent Fernando, CFA

Managing Director, Zero One

Zero One

Founded in 2015, Zero One produces independent investment research and provides corporate finance advisory services with a focus on both listed and private technology companies. Founder Vincent Fernando has over 20 years of experience in US and Asia capital markets.

Independent Investment Research

<ul>
<li>Foxconn Tech invests US$1bn in U.S. robotics, AI, and smart manufacturing over 10 years, expanding into service robotics via RoboTemi stake.</li>
<li>Samsung to surpass US$50bn in U.S. chip investments, adding US$7bn for advanced packaging to compete with TSMC and capture AI/HPC integration opportunities.</li>
<li>Intel faces leadership crisis as CEO Lip Bu Tan’s strategy is criticized; U.S. policy and competitive pressures may accelerate market gains for TSMC and Samsung.</li>
</ul>


Foxconn Tech invests US$1bn in U.S. robotics, AI, and smart manufacturing over 10 years, expanding into service robotics via RoboTemi stake.
Samsung to surpass US$50bn in U.S. chip investments, adding US$7bn for advanced packaging to compete with TSMC and capture AI/HPC integration opportunities.
Intel faces leadership crisis as CEO Lip Bu Tan’s strategy is criticized; U.S. policy and competitive pressures may accelerate market gains for TSMC and Samsung.


Taiwan Tech Weekly: Foxconn US$1bn USA Robotics Push; Samsung Doubles Down on US Fabs; Intel Crisis

Intel Corporation designs, manufactures, and sells computer components and related products.  The Company's major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products.

<ul>
<li>Intel CEO Lip Bu Tan is reportedly headed to Washington today to meet with the US Administration and clear up any misunderstandings about his past investments in China etc.</li>
<li>Meanwhile, former CEO Craig Barrett published his third opinion piece about Intel's future and calls LBT's strategy of not investing further in 14A without customer support a joke</li>
<li>It’s challenging to deal with the US Administration from a position of strength. It’s a whole different ball game when both the CEO &amp; the company are in crisis mode...</li>
</ul>


Intel CEO Lip Bu Tan is reportedly headed to Washington today to meet with the US Administration and clear up any misunderstandings about his past investments in China etc.
Meanwhile, former CEO Craig Barrett published his third opinion piece about Intel's future and calls LBT's strategy of not investing further in 14A without customer support a joke
It’s challenging to deal with the US Administration from a position of strength. It’s a whole different ball game when both the CEO &amp; the company are in crisis mode...


Intel CEO Heads To DC To Save His Job As Former CEO Calls His Leading Edge Strategy A Joke

Himax Technologies Inc Adr / Equity Bottom-Up

Himax Technologies, Inc. designs and manufactures integrated circuits.  The Company produces liquid crystal displays (LCD).

<ul>
<li>
2Q25 beat on margins, in-line on profit; automotive and non-driver ICs resilient despite macro headwinds; guidance points to weaker 3Q25 from seasonal bonus costs and softer demand. </li>
<li>
Automotive, OLED, WiseEye AI, and WLO/CPO remain multi-year growth drivers; CPO mass production targeted for 2026 with early-stage annualized revenue potential above US$100m.</li>
<li>
Shares likely fell on weak near-term outlook, but structural leadership in automotive display ICs, AI sensing, and optical technologies underpins long-term growth runway through 2028.</li>
</ul>



2Q25 beat on margins, in-line on profit; automotive and non-driver ICs resilient despite macro headwinds; guidance points to weaker 3Q25 from seasonal bonus costs and softer demand. 

Automotive, OLED, WiseEye AI, and WLO/CPO remain multi-year growth drivers; CPO mass production targeted for 2026 with early-stage annualized revenue potential above US$100m.

Shares likely fell on weak near-term outlook, but structural leadership in automotive display ICs, AI sensing, and optical technologies underpins long-term growth runway through 2028.


Himax (HIMX US) - Share Drop: Near-Term Weakness Offset by Structural Automotive & AI Growth Drivers

Insights on Tech Hardware and Semiconductors

Tech Hardware and Semiconductor Research
Insights on Tech Hardware and Semiconductors

TSMC (2330.TT; TSM.US): Board Meeting Resolutions; 2nm Technology Information Leakage Issue.

Taiwan Semiconductor (TSMC) - ADR (TSM US) reveals Board meeting resolutions and 2nm technology manufacturing information leakage issue. TSMC,...

Patrick Liao

Nanya July Revenue Soars 31% MoM As Micron Revises Current Quarter Guide Up >5%

Customisation of Micron's HBM4E base logic die is transforming their key customer relationships from commodity vendor to strategic ASIC design-like...

William Keating

Taiwan Tech Weekly: Foxconn US$1bn USA Robotics Push; Samsung Doubles Down on US Fabs; Intel Crisis

Foxconn and Samsung make significant investments in U.S. robotics and chip packaging technology, while Intel faces leadership challenges. TSMC and...

Vincent Fernando, CFA

Intel CEO Heads To DC To Save His Job As Former CEO Calls His Leading Edge Strategy A Joke

It’s challenging to deal with the US Administration from a position of strength. It’s a whole different ball game when both the CEO & the company...

William Keating

TSMC (2330.TT; TSM.US): Board Meeting Resolutions; 2nm Technology Information Leakage Issue.

​Taiwan Semiconductor (TSMC) - ADR (TSM US) reveals Board meeting resolutions and 2nm technology manufacturing information leakage issue. TSMC,...

Patrick Liao

Nanya July Revenue Soars 31% MoM As Micron Revises Current Quarter Guide Up >5%

Customisation of Micron's HBM4E base logic die is transforming their key customer relationships from commodity vendor to strategic ASIC design-like...

William Keating

Taiwan Tech Weekly: Foxconn US$1bn USA Robotics Push; Samsung Doubles Down on US Fabs; Intel Crisis

​Foxconn and Samsung make significant investments in U.S. robotics and chip packaging technology, while Intel faces leadership challenges. TSMC and...

Vincent Fernando, CFA

Intel CEO Heads To DC To Save His Job As Former CEO Calls His Leading Edge Strategy A Joke

It’s challenging to deal with the US Administration from a position of strength. It’s a whole different ball game when both the CEO & the company...

William Keating

Himax (HIMX US) - Share Drop: Near-Term Weakness Offset by Structural Automotive & AI Growth Drivers

​2Q25 saw strong margins but weaker 3Q25 expected; long-term growth drivers in automotive, OLED, AI, and optical tech remain solid despite near...

Vincent Fernando, CFA

Taiwan Semiconductor (TSMC) - ADR (TSM US) reveals Board meeting resolutions and 2nm technology manufacturing information leakage issue. TSMC,...

Foxconn and Samsung make significant investments in U.S. robotics and chip packaging technology, while Intel faces leadership challenges. TSMC and...

2Q25 saw strong margins but weaker 3Q25 expected; long-term growth drivers in automotive, OLED, AI, and optical tech remain solid despite near...