Managing Director, Zero One, Zero One

Vincent Fernando, CFA

20 years of experience researching capital markets in Asia and the USA.

Managing Director, Zero One

Taiwan Tech Weekly: COMPUTEX 2025 Kicks Off -- Nvidia CEO Unveils Taiwan AI Supercomputer Investment

Semiconductor Tariffs. No Thanks, But If You Insist...

PC Monitor: Commercial PC Demand Resilient; AI PC Momentum Builds W/ NVDA Blackwell-Powered Launches

PC Monitor: Asustek & Lenovo Signal Strong PC Growth, AI PC Expansion in Process

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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>
ASUS beat 1Q25 expectations, but flagged tariff risks and a potential PC demand slowdown in 2H25 as consumers front-load purchases ahead of pricing uncertainty.</li>
<li>
PC segment growth outperformed the market, led by &gt;30% YoY gains in commercial PCs and strong momentum in AI-capable and gaming systems.</li>
<li>
On-Device AI execution is emerging as the next PC evolution; Asus is preparing for this shift with GX10 edge devices and deeper integration of AI across product lines.</li>
</ul>



ASUS beat 1Q25 expectations, but flagged tariff risks and a potential PC demand slowdown in 2H25 as consumers front-load purchases ahead of pricing uncertainty.

PC segment growth outperformed the market, led by &gt;30% YoY gains in commercial PCs and strong momentum in AI-capable and gaming systems.

On-Device AI execution is emerging as the next PC evolution; Asus is preparing for this shift with GX10 edge devices and deeper integration of AI across product lines.


PC 모니터: 에이수스 실적, 경기 침체 경고; PC의 다음 에지 AI 전환

Asustek Computer

PC 모니터: 에이수스 실적, 경기 침체 경고; PC의 다음 에지 AI 전환