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$Advanced Semiconductor Engineering(ASX.US) filed ~$160M of equipment POs in the last 48hrs:
$36M Advantest + $35M Hon Precision handlers at SPIL, filed an hour apart - full test cells.Advantest POs hit the disclosure threshold in 3 weeks vs 12 months for the handlers.Plus a $50M ASMPT batch at ASE - likely TCBs - and $39M of All Ring Tech dispensing/automation for the packaging lines.Source: Chips & Wafers
In 1992, the Shanghai and Shenzhen exchanges listed a strange type of stock: B-shares. The same company, with identical equity and dividends, had two different prices. A-shares were denominated in RMB and sold only to domestic investors; B-shares were priced in US dollars or HKD and sold exclusively to foreign investors. Two groups of buyers, separated by a wall of foreign exchange controls, bought independently. The result was: same shares, same rights, but B-shares traded at a long-term discount of 30% to 50% compared to A-shares. This wasn't because the companies were worse; it was simply because the pool of money able to buy B-shares did not interoperate with the pool able to buy A-shares. This discount persisted for nearly ten years...
Mid-week portfolio assessment following the latest dashboard reading in my portfolio. Despite broader market moves, our core defensive strategy continues to execute smoothly.
SingTel (Z74) is leading the board strongly today, pushing back up to +4.22%, while Genting Sing (G13) maintains stellar performance holding firm at +3.27%. On the real estate and industrial side, Mapletree Log Tr (M44U) remains nicely in positive territory at +1.52%, and CapLand Ascendas (A17U) holds steady with a +0.40% return. CapitaLandInvest (9CI) sits at a minor -0.40% dip, while Sembcorp Ind (U96) continues its stabilization phase at -3.37%. Having our primary weights up solid green keeps overall portfolio health in great shape. Staying disciplined!
Intel $Intel(INTC.US) EMIB Supply Chain
Flip-Chip AssemblyBumpingPowertech Technology $6239.TW Amkor Technology $Amkor Tech(AMKR.US) Die BondASMPT $0522.HK Kulicke & Soffa $Kulicke and Soffa(KLIC.US) Laser MarkingE&R Engineering $8027.TWOPlasma CleaningE&R Engineering $8027.TWOEMIB SubstrateIC SubstrateIbiden $4062.T Unimicron $3037.TWO AT&S $ATS(ATS.US).VI Shinko ABF Film LaminationAjinomoto $2802.T Eternal Precision Mechanics $7795.TWOBridge Die BondToray $3402.TElectroplatingASMPT NEXXLaser via DrillingMitsubishi Electric $6503.TBaking Oven Group Up $6664.TWOOther ComponentsSilicon Capacitor AP Memory $6531.TW Samsung Electro-Mechanics $009150.KSSilicon Capacitor Foundry Powerchip $6770.TW United Microelectronics $United Microelectronics(UMC.US) Winbond $2344.TWInformation derived from Nomura Securities, but I included couple names in the supply chain I believe they missed - AT&S, Ajinomoto$Advanced Semiconductor Engineering(ASX.US) confirming orders of ~$63M from $Camtek(CAMT.US) & ~$39M from $ASMPT.
ASPs imply high-end equipment from Camtek and WB/FC from ASMPT.Source: Chips & Wafers
ASE, the chip packaging & testing giant, has spent NT$62.08 billion (US$1.96B) on production line equipment so far in June alone to meet booming demand, media report, with the biggest spend by subsidiary SPIL, NT$59.42 billion. Nvidia is a key client of SPIL's.
During its 1st quarter call, ASE raised its 2026 capex forecast to US$8.5 billion from $7 billion previously, and said it expects advanced packaging revenue to top $3.5 billion this year.The article only names 3 equipment vendors specifically, Camtek (Israel), ASMPT (Hong Kong), Semtek Corp. (Taiwan). $NVIDIA(NVDA.US) $Advanced Semiconductor Engineering(ASX.US) $Camtek(CAMT.US) #ASMPT $0522.HK #SemtekSource: Dan Nystedt
