Managing Director, Zero One, Zero One

Vincent Fernando, CFA

20 years experience researching capital markets across Asia and the USA.

Managing Director, Zero One

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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

Equity Bottom-Up

<ul>
<li>Global Unichip (3443 TT) is Taiwan's leading ASIC (application-specific integrated circuit) design-service company, with TSMC (2330 TT) as its largest shareholder.</li>
<li>GUC has become a leveraged play on US hyperscaler custom silicon. Cloud is now 81% of sales and the US 68%,</li>
<li>Management did not name its CPU customers, but the public record points firmly at Google.</li>
</ul>


Global Unichip (3443 TT) is Taiwan's leading ASIC (application-specific integrated circuit) design-service company, with TSMC (2330 TT) as its largest shareholder.
GUC has become a leveraged play on US hyperscaler custom silicon. Cloud is now 81% of sales and the US 68%,
Management did not name its CPU customers, but the public record points firmly at Google.


TSMC (Taiwan Semiconductor Manufacturing) (TSM US)

TSMC (Taiwan Semiconductor Manufacturing)

TSMC (Taiwan Semiconductor Manufacturing) (2330 TT)

TechChain Insights Q&A: GUC's AI Boom Is Now a CPU Story, Testing the Next Bottleneck