December 15, 2025 09:00 PM GMT Greater China Semiconductors | Asia Pacific Getting tighter for cloud semis: We noted that AMD (covered by Joe Moore) sees an 18% CAGR for data center CPU demand in 2025-2030e (link), and Aspeed raised its server TAM growth projection to 6-8% over the next few years (link). To prepare for strong demand ahead, we believe top CSPs are trying to secure sufficient capacity for key cloud semis components into year-end, with LTA discussions even on logic components. Positive for clo ...