瑞银：背靠台积电大树 ASM核心业务驶入增长快车道
Ge Long Hui A P P·2026-01-06 13:30
Core Viewpoint - Investors have not accurately assessed the value brought by ASM International's high exposure to TSMC, with expected benefits from TSMC's increased investment in wafer manufacturing [1] Group 1: Company Performance - UBS analysts predict a 21% year-on-year growth in TSMC's wafer manufacturing investments by 2026, which will benefit ASMI [1] - ASMI's revenue growth in foundry and logic business is expected to exceed previous forecasts [1] - ASM's stock price increased by 4.7%, outperforming European semiconductor peers, and is nearing a one-year high [1] Group 2: Market Trends - The growth in demand for artificial intelligence storage has not been fully recognized by investors [1]