Taiwan Tech Focused Senior Analyst

Patrick Liao

Being invited, I joined Sellside, i.e. JPMorgan, Nomura and Macquarie, totally around 9-10 years. Before that, I joined International Data Corp (https://www.idc.com/) to be the Asia Semiconductor analyst for nearly 2 years, and being invited to do personal lectures in TSMC, UMC, Samsung and etc. In my working experiences, I also had the chance to join Taiwanese panel company, AUO (2409.TT) and the buyside, Chinalife (2823.TT), totally for over 1 year.
I obtained MS degree from the Tsing-Hua University. Then I worked in the Taiwan Semiconductor companies for around 11 years. I had several US patents during my stay in the Semiconductor industry.

Being worked in the sellside and buyside, I deeply dived in the Greater China Semiconductor industry and directly covered some companies, like TSMC (2330.TT, TSM.US), UMC (2303.TT, UMC.US), Vanguard (5347.TT), ASE (3711.TT, ASX.US), SPIL (merged with ASE and delisted), KYEC ( 2449.TT), JCET (600584.CH), ASMPT (522.HK), GWC (6488.TT), WinSemi (3105.TT), Mediatek (2454.TT), Silergy (6415.TT), Novatek (3034.TT), Guoxin Micro (002049.CH) etc.

TSMC (2330.TT; TSM.US): 2026 Symposium Held on May 14

TWSE Foreign Holding Weekly (Apr 10th): TSMC, Quanta Computer, Delta Electronics, Yageo, Wistron

TSMC (2330 TT) Tactical Outlook After +30% Sales Jump and Cash Dividend Announcement

TWSE Foreign Holding Weekly (Apr 2nd): TSMC, Delta Electronics, MediaTek, Hon Hai Precision

TWSE Foreign Holding Weekly (Mar 27th): TSMC, Compeq Manufacturing, MediaTek, Hon Hai Precision

Equity Bottom-Up

TSMC (Taiwan Semiconductor Manufacturing) / Equity Bottom-Up

TSMC (Taiwan Semiconductor Manufacturing) (TSM US)

TSMC (Taiwan Semiconductor Manufacturing)

<ul>
<li>TSMC (2330) Sets New Record in 1Q26 with EPS of NT$22.08, Upgrading Full-Year USD Revenue Growth to Over 30%.</li>
<li>From a product mix perspective, advanced processes continue to drive this quarter’s growth and profitability.</li>
<li>Chairman stated that with sustained strong demand for advanced processes and robust AI momentum, even amid macroeconomic and geopolitical uncertainties.</li>
</ul>


TSMC (2330) Sets New Record in 1Q26 with EPS of NT$22.08, Upgrading Full-Year USD Revenue Growth to Over 30%.
From a product mix perspective, advanced processes continue to drive this quarter’s growth and profitability.
Chairman stated that with sustained strong demand for advanced processes and robust AI momentum, even amid macroeconomic and geopolitical uncertainties.


TSMC (2330.TT; TSM.US): 1Q26 with EPS of NT$22.1, with Full-Year USD Revenue Growth Over 30%.