# ![@ChipsandWafers Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::1852754491914715136.png) @ChipsandWafers Chips & Wafers

Chips & Wafers posts on X about $nvda, $tsm, ai, taiwan the most. They currently have [-----] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours.

### Engagements: [------] [#](/creator/twitter::1852754491914715136/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1852754491914715136/c:line/m:interactions.svg)

- [--] Week [-------] +8,598%
- [--] Month [-------] +668%
- [--] Months [-------] -56%
- [--] Year [---------] +618%

### Mentions: [--] [#](/creator/twitter::1852754491914715136/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1852754491914715136/c:line/m:posts_active.svg)

- [--] Week [--] -9.30%
- [--] Month [--] +8.50%
- [--] Months [---] -63%
- [--] Year [---] +143%

### Followers: [-----] [#](/creator/twitter::1852754491914715136/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1852754491914715136/c:line/m:followers.svg)

- [--] Week [-----] +7.50%
- [--] Month [-----] +20%
- [--] Months [-----] +51%
- [--] Year [-----] +468%

### CreatorRank: [-------] [#](/creator/twitter::1852754491914715136/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::1852754491914715136/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[stocks](/list/stocks)  59.54% [technology brands](/list/technology-brands)  35.88% [countries](/list/countries)  29.77% [finance](/list/finance)  12.21% [cryptocurrencies](/list/cryptocurrencies)  #3266 [currencies](/list/currencies)  7.63%

**Social topic influence**
[$nvda](/topic/$nvda) #1654, [$tsm](/topic/$tsm) #12, [ai](/topic/ai) 20.61%, [taiwan](/topic/taiwan) #982, [china](/topic/china) 12.21%, [$besi](/topic/$besi) 9.16%, [$amat](/topic/$amat) #4, [$4062t](/topic/$4062t) #6, [in the](/topic/in-the) 8.4%, [growth](/topic/growth) 7.63%

**Top accounts mentioned or mentioned by**
[@tshirtnjeans2](/creator/undefined) [@benbajarin](/creator/undefined) [@dnystedt](/creator/undefined) [@holden_commodor](/creator/undefined) [@skundojjala](/creator/undefined) [@agathedemarais](/creator/undefined) [@bethkindig](/creator/undefined) [@egutlederer](/creator/undefined) [@ericjhonsa](/creator/undefined) [@paurooteri](/creator/undefined) [@rwang07](/creator/undefined) [@semianalysis](/creator/undefined) [@igwegbearinze](/creator/undefined) [@william_jostack](/creator/undefined) [@yesadok](/creator/undefined) [@whatathingtodo1](/creator/undefined) [@techbro123](/creator/undefined)

**Top assets mentioned**
[NVIDIA Corp. (NVDA)](/topic/$nvda) [Taiwan Semiconductor (TSM)](/topic/$tsm) [Applied Materials, Inc. (AMAT)](/topic/$amat) [Micron Technology, Inc. (MU)](/topic/$mu) [Intel Corporation (INTC)](/topic/$intc) [Advanced Micro Devices (AMD)](/topic/$amd) [Lam Research Corporation (LRCX)](/topic/$lrcx) [Telcoin (TEL)](/topic/$tel) [Alphabet Inc Class A (GOOGL)](/topic/$goog) [Apple, Inc. (AAPL)](/topic/$aapl) [Metadium (META)](/topic/$meta) [KLA Corp (KLAC)](/topic/$klac) [Kulicke & Soffa Industries Inc (KLIC)](/topic/$klic) [Amazon.com, Inc. (AMZN)](/topic/$amzn) [Microsoft Corp. (MSFT)](/topic/$msft) [Axcelis Technologies Inc (ACLS)](/topic/$acls) [Broadcom, Inc. (AVGO)](/topic/$avgo) [Super Micro Computer, Inc. Common Stock (SMCI)](/topic/$smci) [Dell Technologies, Inc. (DELL)](/topic/dell) [Onto Innovation Inc. (ONTO)](/topic/$onto) [Assemble Protocol (ASM)](/topic/$asm) [Orochi Network (ON)](/topic/$on) [STMicroelectronics N.V. (STM)](/topic/$stm) [GlobalFoundries (GFS)](/topic/$gfs) [Marvell Technology Inc (MRVL)](/topic/$mrvl)
### Top Social Posts
Top posts by engagements in the last [--] hours

"Nothing to see here. This is normal $NVDA"  
[X Link](https://x.com/ChipsandWafers/status/2021506050739077415)  2026-02-11T08:46Z [----] followers, 10.2K engagements


"Key Taiwanese ABF substrate supplier: Unimicron. https://x.com/dnystedt/status/1950373455985365379 Unimicron a major PCB and IC substrate maker (ABF BT) raised its [----] capex to NT$20.6 billion (US$700 million) from NT$18.6 billion and estimated next years capex at NT$19.4 billion citing customer demand and market conditions media report noting tight supplies and rising https://x.com/dnystedt/status/1950373455985365379 Unimicron a major PCB and IC substrate maker (ABF BT) raised its [----] capex to NT$20.6 billion (US$700 million) from NT$18.6 billion and estimated next years capex at NT$19.4"  
[X Link](https://x.com/ChipsandWafers/status/1950541835211878702)  2025-07-30T12:59Z [----] followers, [----] engagements


"$TSM January Revenue (USD): +19% MoM +43% YoY"  
[X Link](https://x.com/ChipsandWafers/status/2021204668760686765)  2026-02-10T12:48Z [----] followers, 42.8K engagements


"Taiwan January Memory Imports from Korea: +52% MoM +143% YoY"  
[X Link](https://x.com/ChipsandWafers/status/2021562156446355901)  2026-02-11T12:29Z [----] followers, 42.9K engagements


"Unimicron ($3037.TW) November revenue is out Rumor had it they we're qualifying for Blackwell substrates finally breaking Ibiden ($4062.JP) monopoly on $NVDA GPU substrates. At 80*80 body size it's quite tough to achieve acceptable yield for Blackwell GPU packages maybe Unimicron still has a ways to go Or perhaps movements in Blackwell launch has pushed Unimicron substrate supply agreement into [----] Stay tuned https://twitter.com/i/web/status/1865847643504795838 https://twitter.com/i/web/status/1865847643504795838"  
[X Link](https://x.com/ChipsandWafers/status/1865847643504795838)  2024-12-08T19:55Z [----] followers, [---] engagements


"#ASMPT ($0522.HK) positioning themselves to become #HBM ToR for either #SKHynix ($000660.KS) or #Samsung ($005930.KS)"  
[X Link](https://x.com/ChipsandWafers/status/1866460129312297317)  2024-12-10T12:29Z [----] followers, [---] engagements


"Not seeing any recovery in Packaging Equipment imports to China. @BenBajarin RE: $KLIC $BESI $ASMPT http://0522.HK http://0522.HK"  
[X Link](https://x.com/ChipsandWafers/status/1870070188063768912)  2024-12-20T11:34Z [----] followers, [---] engagements


"Substrates - SEMCO (009150.KS) 📈 Vs. Unimicron (TW.3017) & Ibiden (4062) 📉 If succesful SK will try to build resiliant local CoWoS supply chain similar to what $TSM built in Taiwan. And broadly speaking Korean co's always prefer Korean vendors. For substrates this means that recent market entrant SEMCO can likely take some substrate market share away from $TSM's 3D Fabric partners Unimicron & Ibiden - assuming they are able to produce high layer count substrates with good performance and stable yields or provide breakthroughs in glass core substrate tech for HPC packages."  
[X Link](https://x.com/ChipsandWafers/status/1876729848007451131)  2025-01-07T20:37Z [----] followers, [---] engagements


"Despite & dominating the IC package substrate market for the past few decades (Ibiden Shinko Unimicron) is now making a major push to become a leading player in next-gen glass core substrates seen as a key element for enabling massive AI chiplet packages over 120*120mm. They are developing an enitre ecosystem and domestic supply-chain from materials (JNTC) inspection (PIE) TGV drilling (Philoptics) & substrate fabrication (SEMCO Absolics). Impressive. Don't be surprised if you hear some of these names entering $NVDA or $AMD supply chains in the future while taking market share from the"  
[X Link](https://x.com/ChipsandWafers/status/1891775287370674665)  2025-02-18T09:02Z [----] followers, [----] engagements


"SEMCO finally exiting mobile HDI business to focus on AI trends while doubling down on FCBGA packages and glass core substrates. Seeing that the Korean cos prefer local supply chains I assume Samsung will use them and ultimately shift away from Ibiden & Unimicron. https://biz.chosun.com/en/en-it/2025/02/24/PQB7ANADBZCVVAVPF7BUDLIPEY/ https://biz.chosun.com/en/en-it/2025/02/24/PQB7ANADBZCVVAVPF7BUDLIPEY/"  
[X Link](https://x.com/ChipsandWafers/status/1894638879153492212)  2025-02-26T06:41Z [----] followers, [---] engagements


"Taiwan AI Server ODM March Revenues: Up *+76%* YoY (in USD terms). Wiwynn led the pack up a whopping *+214%* YoY. DC buildout is alive and well. $MSFT $GOOG $AMZN $META $TSM $NVDA https://twitter.com/i/web/status/1910398219491717222 https://twitter.com/i/web/status/1910398219491717222"  
[X Link](https://x.com/anyuser/status/1910398219491717222)  2025-04-10T18:23Z [----] followers, 39.5K engagements


"Unimicron making a slow comeback April revenue came in +7% MoM and 19% YoY. With consumer demand still muted this is likely driven by substrate sales for $NVDA B series finally breaking into Japanese Ibiden's monopoly. http://4062.JP http://3037.TW http://4062.JP http://3037.TW"  
[X Link](https://x.com/ChipsandWafers/status/1922243033690481076)  2025-05-13T10:50Z [----] followers, [---] engagements


"Taiwan's Zhen Ding is quietly positioning itself to benefit from the West-China decoupling. Zhen Ding is a PCB manufacturer and a strong one at that. They are the #1 supplier of Substrate-like-PCBs (SLP) which are high-end PCBs used by $AAPL in their iphones. But under the radar Zhen Ding has been building up ABF substrate capacity and aims to become a top [--] supplier over the next [--] years 1/ http://4958.TW http://4958.TW"  
[X Link](https://x.com/anyuser/status/1924427341415043567)  2025-05-19T11:30Z [----] followers, 22.9K engagements


"Interestingly despite #Ajinomoto seeing some recovery in mainstream server demand this year both AT&S and Ibiden are guiding for no recovery in those markets in [----]. Is this just an issue of increased competition in the ABF substrate market Ajinomoto is suppler-agnostic; they don't care who wins the business b/c everyone buys chemicals from them. But AT&S and Ibiden are losing market share as an increasing number of supplies enter the space. https://x.com/ChipsandWafers/status/1925152717493703002 https://x.com/ChipsandWafers/status/1925152717493703002"  
[X Link](https://x.com/ChipsandWafers/status/1925207143893831825)  2025-05-21T15:08Z [----] followers, [---] engagements


"Are we starting to see signs of a mainstream demand recovery 👉#MGC says lead times for some BT substrate materials reached 2x the norm. 👉#Resonac confirms seeing similar shortages"  
[X Link](https://x.com/ChipsandWafers/status/1927239273712939326)  2025-05-27T05:43Z [----] followers, [----] engagements


"RE: Ibiden What a beat of their own expectations: "Operating profit and ordinary profit exceeded previous forecasts primarily due to the electronics business because demand for high-value-added products for generative AI increased more than anticipated" https://twitter.com/i/web/status/1927741066306060634 https://twitter.com/i/web/status/1927741066306060634"  
[X Link](https://x.com/ChipsandWafers/status/1927741066306060634)  2025-05-28T14:57Z [----] followers, [---] engagements


"AI WAITS FOR NOBODY🚀 Taiwan AI Server ODM's continue to EXPLODE through May totaling +108% YoY revenue growth (in USD terms). Wiwynn: +207% YoY Wistron: +181% YoY Quanta: +69% YoY Inventec: +26% YoY $NVDA $TSM $AMD $DELL $SMCI https://twitter.com/i/web/status/1931964446961774658 https://twitter.com/i/web/status/1931964446961774658"  
[X Link](https://x.com/ChipsandWafers/status/1931964446961774658)  2025-06-09T06:39Z [----] followers, [----] engagements


"After two years of being shut out of the high-end AI server GPU substrate market Unimicron has broken Japans Ibiden monopoly and is now qualified to supply substrates for $NVDA Blackwell platform. However despite the higher margins and ASP's associated with AI substrates ongoing weakness from $INTC general-purpose servers and soft consumer demand in smartphones (BT) and PC's continues to offset overall revenue growth. https://twitter.com/i/web/status/1931976696783106315 https://twitter.com/i/web/status/1931976696783106315"  
[X Link](https://x.com/ChipsandWafers/status/1931976696783106315)  2025-06-09T07:28Z [----] followers, [----] engagements


"Starting in [--] minutes #Ibiden #Unimicron #ATS #Shinko https://t.co/yZUruNkwgK https://t.co/yZUruNkwgK"  
[X Link](https://x.com/ChipsandWafers/status/1940781066715123813)  2025-07-03T14:33Z [----] followers, [---] engagements


"$TER and #Advantest ($6857.T) #AI #CoWoS $NVDA $AMD"  
[X Link](https://x.com/ChipsandWafers/status/1950450892064412142)  2025-07-30T06:58Z [----] followers, [----] engagements


"#Ibiden ($4062.T) the primary supplier of #ABF substrates for $NVDA $TSM #CoWoS packages raises current year and next year guidance. "Due to improved product mix resulting from orders for high-value-added products for generative AI significantly exceeding initial expectations as well as the effects of increased production volume sales and each profit item exceeded the initial plan" https://twitter.com/i/web/status/1951197137099804882 https://twitter.com/i/web/status/1951197137099804882"  
[X Link](https://x.com/ChipsandWafers/status/1951197137099804882)  2025-08-01T08:23Z [----] followers, [----] engagements


"Advanced Packaging is happening everywhere: $BESI $ASEH $AMKR"  
[X Link](https://x.com/ChipsandWafers/status/2010677790362742840)  2026-01-12T11:38Z [----] followers, 10.9K engagements


"Advanced Packaging is running on all cylinders. Don't forget that beyond assembly you need to test those packages too $CAMT $KLAC $ONTO #Winway #HanPrecision https://www.digitimes.com.tw/tech/dt/n/shwnws.aspCnlID=1&Cat=40&id=0000743317_3HP49LGM07R5498AUEL32 https://www.digitimes.com.tw/tech/dt/n/shwnws.aspCnlID=1&Cat=40&id=0000743317_3HP49LGM07R5498AUEL32"  
[X Link](https://x.com/ChipsandWafers/status/2010687569504141735)  2026-01-12T12:17Z [----] followers, [----] engagements


"As a reminder at the end of [----] nearly the entire semicap complex guided to a decline in China fab spending in [----] with expectations of a return to normalized historical levels. Instead [----] spending has come in slightly higher vs. [----] and $ASM just highlighted stronger-than-expected China demand in its Q4 '25 bookings. If [----] ends up being driven simultaneously by advanced logic demand memory expansions and sustained China spend it would mark an unprecedented year for semicap within this supercycle. $ASML $LRCX $AMAT $TOELY https://twitter.com/i/web/status/2013566086155792693"  
[X Link](https://x.com/ChipsandWafers/status/2013566086155792693)  2026-01-20T10:55Z [----] followers, 24.4K engagements


"To what degree has China localized Ion Implanter equipment or is this just a normalization of order inflow $ACLS $AMAT #ChinaSemi"  
[X Link](https://x.com/ChipsandWafers/status/2014230711234896270)  2026-01-22T06:56Z [----] followers, [----] engagements


"Here's a look specifically at imports from the USA. Q4 was a very slow quarter: $ACLS https://x.com/ChipsandWafers/status/2014230711234896270s=20 To what degree has China localized Ion Implanter equipment or is this just a normalization of order inflow $ACLS $AMAT #ChinaSemi https://t.co/6zZ2CIUG6k https://x.com/ChipsandWafers/status/2014230711234896270s=20 To what degree has China localized Ion Implanter equipment or is this just a normalization of order inflow $ACLS $AMAT #ChinaSemi https://t.co/6zZ2CIUG6k"  
[X Link](https://x.com/ChipsandWafers/status/2014232895368450106)  2026-01-22T07:05Z [----] followers, [----] engagements


"Advantests latest earnings confirm what weve been saying: rising silicon and package complexity equals more test time intensity and steps. Look no further than their annual TAM estimates and the frequent revisions throughout CY25. In our November ChipBook we highlighted Advantest - along with several other names in the test supply chain - that we believe will benefit from this growing trend. Sign up here to gain access: https://semianalysis.com/chipbook/ Advantest Earnings Call SoC/Logic Tester Market: $8.5B-$9.5B (30% YoY) Memory Tester Market: $2.2B-$2.7B (20% YoY) -80% of Advantest's"  
[X Link](https://x.com/ChipsandWafers/status/2016809879747391538)  2026-01-29T09:45Z [----] followers, [----] engagements


"(Checks notes again) 16th consecutive month. $NVDA King Slide has posted ATH monthly revenue for the. (checks notes) 15th consecutive month https://t.co/IkmqfbpoFE King Slide has posted ATH monthly revenue for the. (checks notes) 15th consecutive month https://t.co/IkmqfbpoFE"  
[X Link](https://x.com/ChipsandWafers/status/2020436096891637819)  2026-02-08T09:54Z [----] followers, [----] engagements


"In the November ChipBook we called out [--] Taiwanese Test Consumable Companies. Since then the [--] names are up +38% +82% and +127%"  
[X Link](https://x.com/ChipsandWafers/status/2020512686593724442)  2026-02-08T14:58Z [----] followers, [----] engagements


"ASE ($3711.TW) Tester Capacity keeps expanding:"  
[X Link](https://x.com/ChipsandWafers/status/2020791486900539840)  2026-02-09T09:26Z [----] followers, 27.2K engagements


"Accretech FY27 outlook bullish for #HybridBonding $BESI #Disco"  
[X Link](https://x.com/ChipsandWafers/status/2020797099265138851)  2026-02-09T09:49Z [----] followers, [----] engagements


"Sumco's messaging is clear: The shift from Training to Inference means a shift in focus from DRAM to NAND"  
[X Link](https://x.com/ChipsandWafers/status/2021198548461813807)  2026-02-10T12:24Z [----] followers, 20.2K engagements


"Here's the chart that shows the AI vs. Mainstream story and the data to watch going forward for how both develop: $TSM $UMC"  
[X Link](https://x.com/ChipsandWafers/status/2021212356269801655)  2026-02-10T13:19Z [----] followers, [---] engagements


"$TSM capital expenditures:"  
[X Link](https://x.com/ChipsandWafers/status/2021222523275297175)  2026-02-10T13:59Z [----] followers, [----] engagements


"For those who follow #AdvancedPackaging in their latest list of #WFE suppliers $TSM called out 15() companies by name who have not been listed for at least a year. https://x.com/ChipsandWafers/status/2021222529830936731s=20 https://t.co/NzzkI3QQA5 https://x.com/ChipsandWafers/status/2021222529830936731s=20 https://t.co/NzzkI3QQA5"  
[X Link](https://x.com/ChipsandWafers/status/2021223623382479110)  2026-02-10T14:03Z [----] followers, [----] engagements


"Taiwan AI Server ODM January Revenues +99% YoY 🔥 $NVDA $AMD $TSM https://twitter.com/i/web/status/2021293388868292771 https://twitter.com/i/web/status/2021293388868292771"  
[X Link](https://x.com/ChipsandWafers/status/2021293388868292771)  2026-02-10T18:41Z [----] followers, 13K engagements


"@TShirtnJeans2 as promised"  
[X Link](https://x.com/ChipsandWafers/status/2021294694513377582)  2026-02-10T18:46Z [----] followers, [---] engagements


"@BenBajarin We wrote about the test tailwinds months ago in our Substack and dedicated our November ChipBook to this theme. Writing was on the wall https://open.substack.com/pub/chipsandwafers/p/semiconductor-test-a-compelling-investmentutm_campaign=post&utm_medium=web https://x.com/semianalysis_/status/2013703207327817919s=46&t=vRg4EBIjt_x392ucfOaMnA As AI accelerators and complex advanced packaging adoption grows the importance of Test and Inspection increases accordingly. Test intensity per device continues to rise and scrap costs can reach tens of thousands of dollars per package. (1/3)🧵"  
[X Link](https://x.com/ChipsandWafers/status/2021494728269889751)  2026-02-11T08:01Z [----] followers, [---] engagements


"This puts Western #SiC suppliers in a terrible spot: $WOLF $SOI $ON $STM $IFX $AEHR $ACLS Even #Resonac in Japan and $COHR are going to be impacted negatively in their SiC businesses. https://x.com/tphuang/status/1906347774536269909 SEMICON [----] showcased China's growing dominance in 3rd gen semiconductor. CETC showcased world's 1st 12-inch high purity SiC substrate Si-based GaN epitaxy & SiC epitaxy + Series of equipment like 8-inch SiC crystal growth epitaxy oxidation & annealing + carbide coating. https://t.co/LRdlFu0JGZ https://x.com/tphuang/status/1906347774536269909 SEMICON 2025"  
[X Link](https://x.com/ChipsandWafers/status/1906361345684992064)  2025-03-30T15:02Z [----] followers, [----] engagements


"This is a material adjustment to server growth estimates: $NVDA $SEC $MU #SKHynix $TSM"  
[X Link](https://x.com/ChipsandWafers/status/1917154496678924331)  2025-04-29T09:50Z [----] followers, [----] engagements


"Idea Generation Hack. $TSM discloses major equipment vendors a few times a year. This is a great way to identify key enabling companies and generate new investment ideas. The first step is just going through the list; the fun part is to start digging in There are a few obvious ones: $AMAT $ASMI $ASML $LRCX $TEL And a few lesser known ones worth exploring: #EBARA #Lasertec #SCREEN $ONTO $NVMI #Daifuku"  
[X Link](https://x.com/ChipsandWafers/status/1924741662862946636)  2025-05-20T08:19Z [----] followers, [----] engagements


"This is extremely encouraging to see out of $GFS. #Ayarlabs is a key enabling Silicon Photonics company and the one everyone is waiting for to IPO. Great exposure to Silicon Photonics through Global Foundries"  
[X Link](https://x.com/ChipsandWafers/status/1929202348900893159)  2025-06-01T15:44Z [----] followers, [----] engagements


"Photomask demand is on the rise: $PLAB #DNP #Toppan"  
[X Link](https://x.com/ChipsandWafers/status/2021970955484995708)  2026-02-12T15:33Z [----] followers, 11.6K engagements


"This is not an Article; this is an Expose. If true it is deeply troubling for #Samsung as they struggle to keep up with #SKHynix on #HBM and beyond. https://www.chosun.com/english/companies-en/2025/07/15/K2D2LNU34JEM7IRZEEEM2OYUEU/ https://www.chosun.com/english/companies-en/2025/07/15/K2D2LNU34JEM7IRZEEEM2OYUEU/"  
[X Link](https://x.com/anyuser/status/1945399144434028919)  2025-07-16T08:24Z [----] followers, [----] engagements


"Despite outgrowing their US peers China foundry wafer capacity has not grown YoY as quickly as previous levels and may see slower growth from here on out. What will this mean for Western equipment suppliers who have been capitalzing on China capacity expansion once the slowdown kicks in @SKundojjala $ASML $AMAT $LRCX $KLA Chinese semiconductor foundries SMIC and Hua Hong are outgrowing their global mature node peers GloFo and UMC in terms of capacity growth by a big margin. Hua Hong and SMIC grew their capacity by 14-15% while UMC and GloFo grew 6-7%. This year SMIC and Hua Hong will spend"  
[X Link](https://x.com/ChipsandWafers/status/1864787664689299963)  2024-12-05T21:43Z [----] followers, [----] engagements


"Let the data guide your decision making process. Subscribe to the Chips & Wafers Semiconductor Industry Data Book and receive monthly up-to-date insights. https://chipsandwafersdata.com/ https://chipsandwafersdata.com/"  
[X Link](https://x.com/ChipsandWafers/status/1867285609288770006)  2024-12-12T19:09Z [----] followers, 19.8K engagements


"@AgatheDemarais What Chinese capacity has grown significantly this past decade and has only started slowing down in the last [--] months. Just look at capital equipment suppliers China exposure over the last [--] years. Despite outgrowing their US peers China foundry wafer capacity has not grown YoY as quickly as previous levels and may see slower growth from here on out. What will this mean for Western equipment suppliers who have been capitalzing on China capacity expansion once the slowdown https://t.co/pZADLeQjK6 Despite outgrowing their US peers China foundry wafer capacity has not grown YoY"  
[X Link](https://x.com/ChipsandWafers/status/1876230194782159283)  2025-01-06T11:31Z [----] followers, [----] engagements


"@Beth_Kindig This is not good news for other ABF substrate suppliers trying to break into the top tier of the substrate market. Specifically AT&S (Austria) Unimicron (Taiwan) and Zhen Ding (Taiwan)"  
[X Link](https://x.com/ChipsandWafers/status/1877378164113973652)  2025-01-09T15:33Z [----] followers, [---] engagements


"Regarding CoPackaged Optics (#CPO) it's worth checking out John Lau's detailed article in the most recent issue of Chip Scale Review "Optical transceivers are the most important component in a data center" https://chipscalereview.com/wp-content/uploads/flipbook/42/flipBook.html https://chipscalereview.com/wp-content/uploads/flipbook/42/flipBook.html"  
[X Link](https://x.com/ChipsandWafers/status/1878427635279126842)  2025-01-12T13:03Z [----] followers, [----] engagements


"Taiwanese PCB suppliers with significant #ABFsubstrate exposure. Data through '24 #Unimicron outperforming. There's a read-across here for #Ibiden and #Shinko in Japan and $ATS in Austria"  
[X Link](https://x.com/ChipsandWafers/status/1883473600457716139)  2025-01-26T11:14Z [----] followers, [---] engagements


"$BESI Q4 consensus estimates look too high: Q4 Revenue: Cons EUR 161m vs. Guid EUR 141-157m Cons Assumption vs. Data Cons Q4 Rev up +2.5% qoq Data: China Packaging Equipment Imports from Malaysia down -49% qoq"  
[X Link](https://x.com/ChipsandWafers/status/1883846447054955007)  2025-01-27T11:56Z [----] followers, 15.7K engagements


"Get long $BESI. Their Hybrid Bonding technology is best in class and already TOR at $TSM for $AMD. #CPO based on the number of die attach steps per unit is a high volume application where their HB tools will be needed. https://x.com/Jukanlosreve/status/1884905169152094277 Report: NVIDIA is expected to announce plans to apply CPO technology to its next-generation AI accelerator GB300 which is set to be released in the second half of this year at its annual developer conference GTC [----] on March [--]. NVIDIA has chosen CPO as one of the key https://x.com/Jukanlosreve/status/1884905169152094277"  
[X Link](https://x.com/ChipsandWafers/status/1884914950600016167)  2025-01-30T10:41Z [----] followers, [----] engagements


"A lot of concern out of Taiwan today with Trump's proposed tariffs on Mexico. Taiwan has built up server assembly capacity in Mexico to be closer to the US and now could face 25% tariffs. Take a look at the sudden and significant increase in Taiwan exports of processor chips to Mexico. Thanks to @dnystedt for the heads up. Feel free to use this graphic. Please cite us as @ChipsandWafers and DM with any requests"  
[X Link](https://x.com/ChipsandWafers/status/1886350979072704726)  2025-02-03T09:48Z [----] followers, [----] engagements


"@EGutlederer Rumor has it that Unimicron out of Taiwan is about to qualify for $NVDA Blackwell GPU series. Small Japanese substrate player Toppan is part of $TSM 3D Fabric so they might have a tiny share as well but nothing material likely"  
[X Link](https://x.com/ChipsandWafers/status/1886722048673685903)  2025-02-04T10:22Z [----] followers, [---] engagements


"Taiwan ABF monthly revenues are out - not looking good. Implies continued weak recovery for PC's & general-purpose CPU-based server demand. $INTC $AMD"  
[X Link](https://x.com/ChipsandWafers/status/1888287532594442266)  2025-02-08T18:03Z [----] followers, [----] engagements


"King Slide (2059) is a Taiwanese co that supplies mechanical rack solutions for server ODM's. Great read-across to AI server construction and demand. January revenue is a good indicator for continued $NVDA GB200 demand"  
[X Link](https://x.com/ChipsandWafers/status/1888674946001293476)  2025-02-09T19:42Z [----] followers, [----] engagements


"We are often asked how to track #HBM sales. Here's some data: Korean memory makers #Hynix and $SEC send their HBM stacks to $TSM in Taiwan for packaging. We track Taiwan Memory IC imports from Korea monthly. We do the same for $MU from the USA. Stick with us to stay up to date:"  
[X Link](https://x.com/ChipsandWafers/status/1889698373252366523)  2025-02-12T15:29Z [----] followers, 18K engagements


"Point [--] is the most critical here IMO. Leading edge $TSM fabs in Arizona are completely meaningless if you have to ship the chips & memory stacks to Taiwan for CoWoS-L or advanced SoIC. There is no leading edge without advanced packaging. TSMC [--] [--]. TSMC [--]. intel [--]. intel https://t.co/fPzOGPeBwT TSMC [--] [--]. TSMC [--]. intel [--]. intel https://t.co/fPzOGPeBwT"  
[X Link](https://x.com/ChipsandWafers/status/1889984868106604555)  2025-02-13T10:28Z [----] followers, [----] engagements


"Everyone is talking about the continued #Hyperscaler Capex guidance for [----]. Just a word of caution for supply chain companies: The incremental nominal growth in [----] is -20% lower than it was in [----] ('24: USD +96b Vs. '25: USD +77b)"  
[X Link](https://x.com/ChipsandWafers/status/1892149860993835456)  2025-02-19T09:50Z [----] followers, [----] engagements


"**This is a very big deal in regards to #HBM test $NVDA GPU costs and $TSM #CoWoS yields** Previously HBM stacks were not tested before being packaged with GPUs in large packages. So a bad HBM stack could destroy the whole package and eventually drove up the cost of H100's. Now Nvidia is demanding that HBM stacks are fully tested before the HBM is shipped. Could this help improve yields and lower the cost of large GPU/CoWoS packages For a smaller-scale direct implication I'd assume #AI Final Test socket makers like Winway in Taiwan and ISC in Korea will be big winners here."  
[X Link](https://x.com/ChipsandWafers/status/1892272313904554143)  2025-02-19T17:57Z [----] followers, 28.6K engagements


"The @ChipsandWafers Data help-up again in projecting Q4 $BESI results: https://x.com/ChipsandWafers/status/1883846447054955007 $BESI Q4 consensus estimates look too high: Q4 Revenue: Cons EUR 161m vs. Guid EUR 141-157m Cons Assumption vs. Data Cons Q4 Rev up +2.5% qoq Data: China Packaging Equipment Imports from Malaysia down -49% qoq https://t.co/J1Pjnd6XgK https://x.com/ChipsandWafers/status/1883846447054955007 $BESI Q4 consensus estimates look too high: Q4 Revenue: Cons EUR 161m vs. Guid EUR 141-157m Cons Assumption vs. Data Cons Q4 Rev up +2.5% qoq Data: China Packaging Equipment Imports"  
[X Link](https://x.com/ChipsandWafers/status/1892456641854915009)  2025-02-20T06:09Z [----] followers, [----] engagements


"Lam Research has unveiled an ALD machine that uses molybdenum. Tungsten-based ALD is reaching a limit in terms of efficacy and 'moly' can reduce resistance by 50% Strong positioning by $LRCX This may spell trouble for $ASM http://www.thelec.net http://www.thelec.net"  
[X Link](https://x.com/ChipsandWafers/status/1893957790974017764)  2025-02-24T09:35Z [----] followers, [----] engagements


"Why I'm bullish on $TSM 📈 $TSM is not just a leading edge foundry anymore it's also a leading-edge OSAT. Traditional chip-making logic (pun-intended) dictates that post-foundry IC's head to OSAT's for packaging. The chart below shows the YoY% change of revenue at $TSM & $ASE Taiwan's largest foundry & OSAT. The two lines are relatively parallel but it is clear to see the divergence between the two in mid-2023 with the advent of AI. This is where $NVDA GPU's & CoWoS came in hot. Of course $TSM's revenue upside came from high ASP wafer shipments. But what's suprising is that $ASE revenue"  
[X Link](https://x.com/ChipsandWafers/status/1894003949067264307)  2025-02-24T12:38Z [----] followers, 24K engagements


"100%. Super critical point. The way to think about this is that Auto will eventually be another type of edge-AI device similar to mobile/PCs utilizing advanced node SoCs from $QCOM or $NVDA and fabbed by leading foundry such as $TSM. Really bad for the auto IDMs $STM $IFX $ON $ROHM $NXP etc. Who will lose higher ASP SoCs to the fablesses and eventually will lose lower-ASP mature node MCUs to aggressive Chinese competition. An interesting news from non-sexy part of Semiconductor Industry. STMicro has temporarily halted its Automotive SoC development and will focus on MCUs only. For people who"  
[X Link](https://x.com/ChipsandWafers/status/1894328304703766891)  2025-02-25T10:07Z [----] followers, 28.6K engagements


"RE: #ASMPT TCB for #HBM It's already been reported that #ASMPT secured a large order for #SKHynix HBM. Today they announced an initial order from another HBM supplier. Likely $SEC as $MU is probably working with $BESI. Bad news for #Hanmi who used to be sole HBM TCB supplier"  
[X Link](https://x.com/ChipsandWafers/status/1894641833487081938)  2025-02-26T06:53Z [----] followers, [----] engagements


"This is a great point by @EricJhonsa and exactly the type of thing that gets over-looked with so much focus on Blackwell/GPU demand. For those willing to go deeper beyond investing in $NVDA this is exactly the way to be thinking. $AVGO $ANET $CLS https://x.com/EricJhonsa/status/1894868161935384689 A few initial thoughts on $NVDA's report: 1) The GPU demand/Blackwell ramp story looks fine. FQ1 sales guide of $43B is in-line with buyside expectations and they did $11B in FQ4 Blackwell sales (they previously suggested they'd do more than "several billion"). 2) Related: https://t.co/gWhYeNNl9S"  
[X Link](https://x.com/ChipsandWafers/status/1894973813596496306)  2025-02-27T04:52Z [----] followers, [----] engagements


"Big Story Re: $SEC and #SKHynix YMTCs hybrid bonding technology has shifted the market dynamic. With a 4-5 year lead in Hybrid Bonding #YMTC has "effectively taken the lead in next-generation NAND process technology" https://www.chosun.com/english/industry-en/2025/02/27/6UETWICZ35AGDPJBRO46YZ3OMU/ https://www.chosun.com/english/industry-en/2025/02/27/6UETWICZ35AGDPJBRO46YZ3OMU/"  
[X Link](https://x.com/ChipsandWafers/status/1895440521004195920)  2025-02-28T11:46Z [----] followers, [----] engagements


"Incredible build up of #WFE equipment into Japan in January: Chip manufacturing equipment imports were up a staggering +478% YoY Packaging equipment imports up +43% YoY Wafers manufacturing equipment up +20% YoY #Rapidus #Sumco #ShinEtsu"  
[X Link](https://x.com/ChipsandWafers/status/1897607186076844212)  2025-03-06T11:16Z [----] followers, [----] engagements


"This along with the Chinese LDP EUV news from yesterday is reason for long-term concern for Western WFE players. The first step is a continued decrease in China revenue contribution (already happening) the next step is losing global market share to them due to better tech or favorable TCO. $ASML $AMAT $LRCX $TEL $KLA Lam Research notes Chinese equipment companies have gained traction in in areas where it is restricted in China (YMTC NAND for example). Compared to AMAT and KLA Lam has bigger impact from export controls this year. Lam noted China will become a smaller portion of WFE and its"  
[X Link](https://x.com/ChipsandWafers/status/1898632012447006945)  2025-03-09T07:08Z [----] followers, [----] engagements


"No slowdown in Memory shipment from Korea to Taiwan. In fact Feb imports were up + 6% MoM. Remember #SKhynix and $SEC send #HBM chips to $TSM for #AI and #CoWoS packaging"  
[X Link](https://x.com/ChipsandWafers/status/1898991536399851563)  2025-03-10T06:57Z [----] followers, 11.9K engagements


"$TSM February Revenue: +38% YoY -11% MoM"  
[X Link](https://x.com/ChipsandWafers/status/1898995431754826239)  2025-03-10T07:12Z [----] followers, [----] engagements


"Many people are wondering when Hybrid Bonding will be adopted on #HBM. #ASMPT CTO says TCB will still be used on [--] layer HBM stacks. This is consistent with comments from #SKHynix. https://www.eetasia.com/outlook-2025-future-forward-semiconductors/ https://www.eetasia.com/outlook-2025-future-forward-semiconductors/"  
[X Link](https://x.com/ChipsandWafers/status/1899496339676758340)  2025-03-11T16:23Z [----] followers, [----] engagements


"Update on DDR5: The price of #DDR5 has been on a downward trend since August last year but has entered a recovery phase after about seven months. Demand for DDR5 surged after the news from #DeepSeek during the Lunar New Year holiday. The DDR4 market is being flooded with supplies from Chinese corporations but DDR5 only has three major suppliers. The demand for DDR5-equipped servers will further increase in the second half of the year. $MU $SEC #SKHynix https://biz.chosun.com/en/en-it/2025/03/13/KR2JXGYRKZCAVDACRJUFLDE7YI/ https://biz.chosun.com/en/en-it/2025/03/13/KR2JXGYRKZCAVDACRJUFLDE7YI/"  
[X Link](https://x.com/ChipsandWafers/status/1900144691380678702)  2025-03-13T11:19Z [----] followers, [----] engagements


"#HBM: #SKHynix vs. $SEC Traditionally Hynix and Samsung have competed on chip performance and efficiency. But for HBM the difference has been yields and the packaging techniques adopted by the two companies. And this will probably also be the difference maker going forward. 1/"  
[X Link](https://x.com/ChipsandWafers/status/1900452527025377763)  2025-03-14T07:42Z [----] followers, 11.1K engagements


"With rumors circulating that $NVDA will not adopt CPO in earnest for #AI until '27 Active Electric Cables (AEC) are being considered as a replacement for passive copper wires before the full jump to optical. Most people know $MRVL does AEC but the real pure play here is $CRDO"  
[X Link](https://x.com/ChipsandWafers/status/1901337695290323034)  2025-03-16T18:20Z [----] followers, 29.4K engagements


"$MU HBM Competition Starting to Show Signs: Memory exports out of South Korea are starting to fall with ASP changes dropping even faster. The current run-rate implies *-30%* QoQ for Q1 '25 Vs. Q4 '24. This is in-line with $MU's Q2 (FY25) +50% QoQ [--] USDb HBM revenue disclosure. Let's see how this unfolds. (Dataset updated thru Feb 2025) $SEC $MU SK Hynix"  
[X Link](https://x.com/ChipsandWafers/status/1904259566134788194)  2025-03-24T19:50Z [----] followers, 13.6K engagements


"This is an excellent piece summarizing some of the key innovations driving Moores law [---] aka Advanced Packaging. Covers key areas such as glass substrates glass interposes hybrid bonding silicon photonics FOPLP and more. https://semiengineering.com/big-changes-ahead-for-interposers-and-substrates/cmid=7a9efeb7-1fb3-4d2a-9161-73ae2a4c96c2 https://semiengineering.com/big-changes-ahead-for-interposers-and-substrates/cmid=7a9efeb7-1fb3-4d2a-9161-73ae2a4c96c2"  
[X Link](https://x.com/ChipsandWafers/status/1904283843848511685)  2025-03-24T21:27Z [----] followers, [----] engagements


"Reminder that there are [--] flavors of SoIC with different die attach methods that impact who is poised to benefit from $TSM SoIC ramp: 1) SoIC-P is the bumped version utilizing TCB ( $KLIC $BESI or $ASMPT) 2) SoIC-X is the bumpless version utilizing hybrid bonding ( $BESI)  TSMCs new advanced semiconductor packaging plants AP8 in Tainan and AP7 in Chiayi (south Taiwan) will start production in late [----] media report. Staff from TSMCs 8-inch fabs are being sent to support the new plants ramp up of SoIC packaging the focus of future chips. TSMCs new advanced semiconductor packaging plants AP8 in"  
[X Link](https://x.com/ChipsandWafers/status/1904444589148160378)  2025-03-25T08:05Z [----] followers, [----] engagements


"The hidden cost of in-house ASIC design is - time. The reality is that $NVDA merchant silicon is so ahead for most AI workloads that you cant afford to wait on the sidelines while you develop your own slightly improved and optimized ASIC design. After years on the sidelines Apple $AAPL is finally stepping into the AI data center game placing an estimated $1B order for $NVDA GB300 NVL72 systems according to Loop Capital. Thats about [---] high-end servers with $DELL and Supermicro $SMCI tapped as key partners. The https://t.co/nlfM4TmOkU After years on the sidelines Apple $AAPL is finally"  
[X Link](https://x.com/ChipsandWafers/status/1904481807187206465)  2025-03-25T10:33Z [----] followers, [----] engagements


"Chinas SiCarrier Reportedly Eyes DUV Breakthroughs for 5nm.with its self-aligned quadruple patterning (SAQP) technology #Chinasemi $ASML https://www.trendforce.com/news/2025/03/25/news-huawei-linked-firm-reportedly-eyes-duv-breakthroughs-for-5nm-chips-debuting-products-this-week/ https://www.trendforce.com/news/2025/03/25/news-huawei-linked-firm-reportedly-eyes-duv-breakthroughs-for-5nm-chips-debuting-products-this-week/"  
[X Link](https://x.com/ChipsandWafers/status/1904756560326189305)  2025-03-26T04:45Z [----] followers, [----] engagements


"The news regarding SK Hynix pulling back on HBM investment over concerns of AI memory demand is really big. But anyone following us wouldve seen this trend in our data and commentary as early as January [----]. Report: SK Hynix Mulls Scaling Back HBM4 Facility Investment Amid Concerns Over Stagnant AI Memory Demand According to Korean media reports SK Hynix is set to commence mass production of HBM4 in the second half of this year expanding supply volumes in tandem with Nvidias Report: SK Hynix Mulls Scaling Back HBM4 Facility Investment Amid Concerns Over Stagnant AI Memory Demand According to"  
[X Link](https://x.com/ChipsandWafers/status/1905516689678368937)  2025-03-28T07:05Z [----] followers, [----] engagements


"I get Trump trying to onshore production and try to reset the trade order. For WFE though when you rely heavily on equipment partners outside the US (think $ASML $TEL even $AMAT facilities in Singapore) trying to build US fabs at a sensible cost while importing 5-10$ Billion worth of equipment (pre-tariff) is near impossible. I don't know what advanced node $INTC & $TSM Arizona do with this. (Dataset updated thru Feb 2025)"  
[X Link](https://x.com/ChipsandWafers/status/1909147588655305119)  2025-04-07T07:33Z [----] followers, [----] engagements


"Potential Tariff Winners Mature node fabs with significant US capacity not contingent on capital-intense leading-edge development efforts. Some names that come to mind: $GFS $XFAB $SKYT $TXN"  
[X Link](https://x.com/ChipsandWafers/status/1909153528578195768)  2025-04-07T07:57Z [----] followers, [----] engagements


"$TSM SIPh platform COUPE utilizes the hybrid-bonding based SoIC-X 3D stacking technology which should be good for $BESI. Key question is what the ramp looks like meaning when will SiPh be utilized for compute SoC's and not just switches. TSMCs Silicon Photonics presentation for OFC [----] here $TSM #semiconductors: https://t.co/1eNQrSJH4j TSMCs Silicon Photonics presentation for OFC [----] here $TSM #semiconductors: https://t.co/1eNQrSJH4j"  
[X Link](https://x.com/ChipsandWafers/status/1909578719385051222)  2025-04-08T12:06Z [----] followers, [----] engagements


"Taiwan ABF players slowly clawing back averaging +16% YoY in March. Kinsus lead the pack with +24% YoY. Somewhat positive for general-purpose server & PC. Assuming that even if Unimicron has been qualified for $NVDA B series they are likely not being used yet"  
[X Link](https://x.com/ChipsandWafers/status/1910301313562181969)  2025-04-10T11:58Z [----] followers, [---] engagements


"$AMAT buys 9% of $BESI's outstanding shares. For those waiting for a signal to get back into BESI this is it. The stock price has come down considerably and now trades at a more reasonable multiple. $AMAT is doing this to strengthen $BESI because they see BESI as the key #HybridBonding tool supplier and want to secure the almost exclusive relationship. Who has better insight into the technological differentiation between suppliers than AMAT #SiliconPhotonics is really heating up and over the next year BESI's Hybrid Bonding will gain attention as a key enabler. Channel checks indicate that"  
[X Link](https://x.com/ChipsandWafers/status/1911972189294723481)  2025-04-15T02:37Z [----] followers, [----] engagements


"This is a super critical point. GPU package size has been increasing gen over gen (H to B to R etc.) so actually even flat CoWoS growth means decreased unit output The reason why CoWoS cut is such a big deal is because CoWoS demand should go up from bigger package size in [----]. Rubin is 4x reticle size vs Blackwell at 3.3x. Sluggish CoWoS growth implies stagnant volume #nvda #tsm The reason why CoWoS cut is such a big deal is because CoWoS demand should go up from bigger package size in [----]. Rubin is 4x reticle size vs Blackwell at 3.3x. Sluggish CoWoS growth implies stagnant volume #nvda"  
[X Link](https://x.com/ChipsandWafers/status/1912404750647099781)  2025-04-16T07:16Z [----] followers, [----] engagements


"$MU to move towards Fluxless TCB for their next gen #HBM. Once again the HBM competition is heating up around the specific packaging technology being employed. $SEC #SKHynix #ASMPT $KLIC #Hanmi https://zdnet.co.kr/view/no=20250416103227 https://zdnet.co.kr/view/no=20250416103227"  
[X Link](https://x.com/ChipsandWafers/status/1912474214302703655)  2025-04-16T11:52Z [----] followers, [----] engagements


"BIG STORY in the world of #HBM $MU is serious about competing in #HBM; orders [--] TCB machines from #Hanmi. Under the hood there are some important sub-plots in this story: $MU TCB machines cost 30-40% more than machines sold to #SKHynix. This is the result of Micron using NCF packaging process while Hynix is using their patented MR-MUF process. This may indicate that Hynix will still lead in terms of HBM perfomance. Hanmi recalled dozens of its customer service engineers stationed at SK Hynix production lines in protest of Hynix adding Hanwha as second TCB supplier. SK Hynixs procurement team"  
[X Link](https://x.com/ChipsandWafers/status/1912935877535228127)  2025-04-17T18:27Z [----] followers, [----] engagements


"Nice to see $BESI's positive comments about #HybridBonding (HB) adoption. Couple of things to note: Positive to see $INTC successfully begin production with HB integrated machines. Good sign for collaboration with $AMAT. BESI notes orders from two Memory players but total Asia orders ex China still look on the low side. This suggests the number of machines in these orders could be very low; like maybe 1-2 for each company. BESI should be very careful about overselling the HB HBM4 story as my very recent channel checks indicate that the memory players are still in the evaluation stage and far"  
[X Link](https://x.com/ChipsandWafers/status/1914928337169850836)  2025-04-23T06:24Z [----] followers, [----] engagements


"https://x.com/ChipsandWafers/status/1914928337169850836 Nice to see $BESI's positive comments about #HybridBonding (HB) adoption. Couple of things to note: Positive to see $INTC successfully begin production with HB integrated machines. Good sign for collaboration with $AMAT. BESI notes orders from two Memory players but total https://t.co/RdW9ACnxQq https://x.com/ChipsandWafers/status/1914928337169850836 Nice to see $BESI's positive comments about #HybridBonding (HB) adoption. Couple of things to note: Positive to see $INTC successfully begin production with HB integrated machines. Good sign"  
[X Link](https://x.com/ChipsandWafers/status/1914947248460357646)  2025-04-23T07:39Z [----] followers, [----] engagements


"For those trying to track $TSM #CoWoS capacity builds one key company to watch is Shibaura in Japan who has the TOR for CoWoS die attach. Just last month Shibaura raised FY guidance due to "an increase in demand for GPU's for generative AI""  
[X Link](https://x.com/ChipsandWafers/status/1915008838215848115)  2025-04-23T11:44Z [----] followers, 30.3K engagements


"$BESI touts $NVDA adoption of #HybridBonding for #CPO switches. Also offers some '27-'29 estimates for those looking to size the CPO opportunity and the impact on pluggable transceivers $LITE. $AVGO"  
[X Link](https://x.com/ChipsandWafers/status/1915031619498283412)  2025-04-23T13:14Z [----] followers, [----] engagements


"$AAPL upgrading DRAM in #iphones. 50% higher ASP's. Big winners are #SKHynix and $MU https://mingchikuo.craft.me/luXVWtplQ9Bokb https://mingchikuo.craft.me/luXVWtplQ9Bokb"  
[X Link](https://x.com/ChipsandWafers/status/1915413106085269900)  2025-04-24T14:30Z [----] followers, 18.2K engagements


"Fantastic overview. Here is a clear and simple chart illustrating the evolution of Advanced Packaging: https://x.com/SemiEngineering/status/1911804430661636444 Advanced Packaging Fundamentals for Semiconductor Engineers https://t.co/1sV905AvmG New SE eBook examines the next phase of semiconductor design testing & manufacturing. No charge. #semiconductor #advancedpackaging #chiplets #hybridbonding #wirebonding #semiconductorpackaging https://t.co/6mC6GjEQ2g https://x.com/SemiEngineering/status/1911804430661636444 Advanced Packaging Fundamentals for Semiconductor Engineers"  
[X Link](https://x.com/ChipsandWafers/status/1915413420452483152)  2025-04-24T14:32Z [----] followers, [----] engagements


""Reports of my death have been greatly exaggerated" -Data Center $GOOG $NVDA $VRT"  
[X Link](https://x.com/ChipsandWafers/status/1915520060526924065)  2025-04-24T21:35Z [----] followers, [----] engagements


"This sounds to me like all the cos that were blaming things on Covid [--] years later. $TSM reported just last week and reiterated all their guidances while clearly stating they havent seen any change in customer behavior despite tariff uncertainty. Intel: The growth of AI PCs will slow down. Tariffs (initiated by U.S. President Trump) increase the likelihood of an economic recession in the U.S. Cautiously assuming a contraction in the chip market. Foundry (Intel Foundry) revenue is declining and 7nm capacity is being Intel: The growth of AI PCs will slow down. Tariffs (initiated by U.S."  
[X Link](https://x.com/ChipsandWafers/status/1915527657195794600)  2025-04-24T22:05Z [----] followers, [----] engagements


"📈Japan bare wafer exports looking good for Q1 2025📈 Shin-Etsu already reported +6.1% YoY SUMCO has yet to report Q1 but guided +8.5% YoY. Data is in line with SUMCO commentary on 300mm demand recovery. (Data updated through March 2025) $4063.JP $3436"  
[X Link](https://x.com/ChipsandWafers/status/1919012260707541327)  2025-05-04T12:52Z [----] followers, [----] engagements


"Memory Revenues came down in Q1 but to different degrees per supplier: $SEC #SKHynix $MU $NVDA"  
[X Link](https://x.com/ChipsandWafers/status/1919013582781432014)  2025-05-04T12:57Z [----] followers, 18.3K engagements


"Growth in China Imports of Front-End Equipment has leveled off. But we have yet to see a dramatic decrease in imports for key Litho Etch and even Deposition tools. One area things are starting to slow is Ion Implanters. This is telling because the other front end tools are being imported more for bleeding edge nodes while the implanters were being imported to build mature node capacity expansions. The implication here is that leading edge expansions have yet to decrease albeit they have stopped growing. While the mature node expansions are beginning to fade off"  
[X Link](https://x.com/ChipsandWafers/status/1919350751429620030)  2025-05-05T11:17Z [----] followers, [----] engagements


"Everyone knows about the front end of the semiconductor value chain. But the future of compute is all about the back end. Familiarization with this value chain is key. See an interesting company that's missing Let us know👇 We'll be updating this infographic over time"  
[X Link](https://x.com/ChipsandWafers/status/1919746703462224193)  2025-05-06T13:30Z [----] followers, [----] engagements


"How about this for CoWoS-L capacity Shibaura just announced FY results and their smaller back-end segment grew *+83%* YoY. Shibaura's die-attach packaging tool is the $TSM TOR for CoWoS-L packages namely used for $NVDA B series. @paurooteri http://6957.JP http://6957.JP"  
[X Link](https://x.com/ChipsandWafers/status/1922552856554422330)  2025-05-14T07:21Z [----] followers, 16.8K engagements


"I guess this is why China revenue portion for the WFE guys hasn't started decelerating yet. Everyone was guiding based on SMIC capacity plans but the smaller Hua Hong kicked in kept the numbers elevated. $AMAT $LRCX $ASML $KLA $TEL"  
[X Link](https://x.com/ChipsandWafers/status/1922708333162545488)  2025-05-14T17:39Z [----] followers, [----] engagements


"Below we dive into the dynamics of Hybrid Bonding and the key equipment suppliers. Read our analysis of a potential significant competitive shift and the corresponding Long/Short investment implications. $AMAT $TEL https://open.substack.com/pub/chipsandwafers/p/the-hybrid-bonding-warsr=4s35hb&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/chipsandwafers/p/the-hybrid-bonding-warsr=4s35hb&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true"  
[X Link](https://x.com/ChipsandWafers/status/1924174625379848431)  2025-05-18T18:45Z [----] followers, [----] engagements


"Super important graphic from $NVDA. We used to measure compute by transistor count but the new unit of compute is the rack the server cabinet the compute cluster - the data center. $NVDA is not just a GPU company its an end to end data center architecture solution provider"  
[X Link](https://x.com/ChipsandWafers/status/1924394672522149937)  2025-05-19T09:20Z [----] followers, [----] engagements


"What makes them really dangerous is that with their "China for China" strategy they are able to win both local customers who are moving ahead with AI Advanced Packages and will need complex high-end substrates as well as multi national customers who sell into China and want to keep the supply chain within mainland China. 5/"  
[X Link](https://x.com/ChipsandWafers/status/1924427354887123041)  2025-05-19T11:30Z [----] followers, [---] engagements


"NVLink Fusion is $NVDA attempt to replicate CUDA moat. $NVDA understands that they need to capture the next gen of AI development and infrastructure and deter customers from going complete ASIC. NVLink Fusion is their way to make sure they get designed into any ASIC rack-scale solution. And every ASIC rack thatll utilize $NVDA GPUs via NVLink Fusion will improve Nvidias offering and interoperability with any custom silicon design and so it goes on and on. You really gotta hand it to Jensen. What a visionary"  
[X Link](https://x.com/ChipsandWafers/status/1924497353140015223)  2025-05-19T16:08Z [----] followers, [----] engagements


"Ajinomoto provides valuable leading read-across information to ABF Substrates suppliers and Server/PC end market customers. For '25 they guide +11% growth YoY; and most importantly driven by AI as well as general purpose server and PC replacement demand"  
[X Link](https://x.com/ChipsandWafers/status/1925152717493703002)  2025-05-21T11:32Z [----] followers, 32.2K engagements


"We have heard a lot about Front-End China localization; that is China producing their own Front-End tools to replace international suppliers like $AMAT $LRCX $KLAC and $TEL But what we should watch going forward is how China builds up their own #AdvancedPackaging ecosystem. And if you have any doubt about the importance of Advanced Packaging this statistic should be a wake up call: 👉"the total price of this ultra-high-computing GPU chip is about $3000 of which the wafer manufacturing cost only accounts for $200 while the cost of advanced packaging is $723 about [---] times that of wafer"  
[X Link](https://x.com/ChipsandWafers/status/1925478612095963273)  2025-05-22T09:07Z [----] followers, [----] engagements


"RE: $ASML - BIG STORY Companies are all working on a multi-patterning approach to delay the adoption of expensive High-NA EUV tools Ezequiel Russell Sr. Director of mask technology at $MU: 👉All the techniques we used to extend immersionare now being applied to EUV 👉Right now to my knowledge all the nodes in high-volume production using EUV both memory and logic are doing single-patterning EUV. But every company in R&D across both logic and memory is working on some kind of EUV multi-patterning for their next node 👉For most applications High-NA is going to struggle to compete with"  
[X Link](https://x.com/ChipsandWafers/status/1927326879431753957)  2025-05-27T11:31Z [----] followers, 17.7K engagements


"The last time there was a shortage in Substrates the pricing went through the roof. Check out Taiwanese substrates suppliers like Unimicron and Kinsus https://x.com/dnystedt/status/1927547006811021355 5/6 BT substrate supplies are believed to be safe for the next 2-quarters due to sufficient stockpiles and the negative impact of US tariffs on consumer electronics demand but beyond that timeframe the tight BT materials supply is a growing concern. https://x.com/dnystedt/status/1927547006811021355 5/6 BT substrate supplies are believed to be safe for the next 2-quarters due to sufficient"  
[X Link](https://x.com/ChipsandWafers/status/1927616701127852146)  2025-05-28T06:43Z [----] followers, [----] engagements


"Costs going up for #ATS #Ibiden #Unimicron #NanyaPCB #Kinsus #ZhenDing https://x.com/dnystedt/status/1929700704974987529 Japans Nittobo will hike prices 20% on Aug. [--] for specialized glass fiber products amid strong AI demand leading to higher costs for high-end substrates (ABF) used in advanced semiconductor packaging as well as printed circuit boards (PCBs). Nittobo is raising prices for https://x.com/dnystedt/status/1929700704974987529 Japans Nittobo will hike prices 20% on Aug. [--] for specialized glass fiber products amid strong AI demand leading to higher costs for high-end substrates"  
[X Link](https://x.com/ChipsandWafers/status/1929831491560763645)  2025-06-03T09:24Z [----] followers, [----] engagements


"🚨Were excited to announce a new collaborative initiative for the semiconductor community on X🚨 This Friday at 8:30 AM EST well be hosting a Spaces with @dnystedt and @rwang07. We plan to discuss the semiconductor landscape with particular focus on China-US relations and growing geopolitical considerations. If you have particular questions youd like us to address drop here in the comments below👇 Be sure to tune in https://twitter.com/i/spaces/1MnGnwZbPRyJO https://twitter.com/i/spaces/1MnGnwZbPRyJO"  
[X Link](https://x.com/ChipsandWafers/status/1930196657343279527)  2025-06-04T09:35Z [----] followers, [----] engagements


"Later this week we will put out a Substack on a key supplier in the CoWoS-L supply chain that is poised to benefit from the ramp. Stay tuned. Nvidias next-gen Rubin GPU and Vera CPU chips will finish tape-out at TSMC in June and begin trial production with sample chips in September earliest media report citing unnamed supply chain sources. TSMC will make Rubin on N3P and CoWoS-L advanced packaging. Mass production Nvidias next-gen Rubin GPU and Vera CPU chips will finish tape-out at TSMC in June and begin trial production with sample chips in September earliest media report citing unnamed"  
[X Link](https://x.com/ChipsandWafers/status/1931984322799558726)  2025-06-09T07:58Z [----] followers, [----] engagements


"🤯🤯 The service revenue per tool in its lifetime is now equal to the ASP of the tool $KLAC KLA claims its tools have very few consumables. Most of the tool value derived from performance guarantees and system uptime. The service revenue per tool in its lifetime is now equal to the ASP of the tool vs 40-50% in [----] per KLA. Its service business growth guidance is https://t.co/92Wc2x9pXv KLA claims its tools have very few consumables. Most of the tool value derived from performance guarantees and system uptime. The service revenue per tool in its lifetime is now equal to the ASP of the tool vs"  
[X Link](https://x.com/ChipsandWafers/status/1934306544448872516)  2025-06-15T17:46Z [----] followers, [----] engagements


"Wild to see the divergence between wafer shipments and overall revenue at $TSM. The last cycle was driven by COVID-era consumer demand (ie $AAPL) but this cycle is all about $NVDA lower-volume higher-ASP wafers for the age of AI while consumer is still soft and net shipments actually flattish/down"  
[X Link](https://x.com/ChipsandWafers/status/1935262498938089565)  2025-06-18T09:05Z [----] followers, [----] engagements


"Nice figures from the Taiwan #ABF suppliers. Unimicron is the only Taiwanese supplier with $NVDA GPU substrate exposure what's going on with PC's and general purpose servers"  
[X Link](https://x.com/ChipsandWafers/status/1935307595868422576)  2025-06-18T12:04Z [----] followers, [----] engagements


"Wild Chart $AAPL Just [--] months ago China accounted for 90% of total smartphone unit imports into the US. It is now 22%. This obviously does not mean that $AAPL has shut down it's production capacity in China but rather has started shifting more and more of the final assembly and test steps to India & Vietnam. I predict that Trump will continue to come down hard on Tim Cook. He is in a tough spot and I do not envy his position right now"  
[X Link](https://x.com/ChipsandWafers/status/1941766265816690987)  2025-07-06T07:48Z [----] followers, [----] engagements


"Terrific comments from $KLAC at BoA Tech Conference regarding Advanced Packaging and China demand. 👉Advanced Packaging: - AP used to be so small it didn't move the needle on total WFE growth. At this point it should really be called WFE + AP. - Expect AP growth over the the next few years to exceed WFE; assume 10-15% or more. - For KLA: AP guiding growth from USD 500m to 850m in [----]. 👉China in '26: - Expect continued decline in revenue over '25. Will move from 30% of group rev to more like 20-25%. https://ir.kla.com/ https://ir.kla.com/"  
[X Link](https://x.com/ChipsandWafers/status/1941814362135507008)  2025-07-06T10:59Z [----] followers, [----] engagements


"AI Server Growth Continues🚀 June revenues are in for the AI server ODM's totaling 18.5$ USDb and up +113% YoY. $NVDA $AMD $INTC $AVGO $MRVL $AMZN $MSFT $META $GOOG $CRWV $NBIS"  
[X Link](https://x.com/ChipsandWafers/status/1942559953702559818)  2025-07-08T12:22Z [----] followers, 35.2K engagements


"Companies pushing #Photonics Interconnects for #AI and Advanced Computing. (Credit: Dinesh Tyagi)"  
[X Link](https://x.com/ChipsandWafers/status/1944993859760529714)  2025-07-15T05:34Z [----] followers, [----] engagements


"CoWoS Chart Ahead of $TSM Earnings🚀 TSM has been pushing to localize it's CoWoS supply chain particularly as it ramps towards CoWoS-L for $NVDA B series. With June/Q2 revenues out Taiwan CoWoS tool suppliers grew +23% QoQ & +39% YoY. Positive read across ahead of Thursday"  
[X Link](https://x.com/ChipsandWafers/status/1945030625510961452)  2025-07-15T08:00Z [----] followers, [----] engagements


"In our most recent weekly update we covered [--] different semiconductor behemoths from different angles. It is (IMO) one of our best and most insightful updates to date and if I had to summarize it in one image it would be this one👇 $TSM $ASML $INTC $SEC"  
[X Link](https://x.com/ChipsandWafers/status/1946061977022767403)  2025-07-18T04:18Z [----] followers, [----] engagements


"With this strong and growing demand for our cloud products and services we are increasing our investment in capital expenditures in [----] to approximately $85 billion $GOOG"  
[X Link](https://x.com/ChipsandWafers/status/1948116885394080114)  2025-07-23T20:23Z [----] followers, [----] engagements


"$BESI Q2 Results Q3 Revenue guidance -16% below consensus at the midpoint Q2 Orders down -31% YoY and -11% below consensus Positive outlook for HB orders in H2 seem to depend on HB adoption for HBM4 Early signs of recovery in mainstream assembly market"  
[X Link](https://x.com/ChipsandWafers/status/1948258341139997015)  2025-07-24T05:46Z [----] followers, [----] engagements


"Large #AI packages continue to drive Test demand. #Advantest raises FY Guidance: +10.6% on Revenue and +24% on Operating Income. "Elevated demand for AI-related applications is increasing at a pace exceeding initial expectations. Furthermore the increasing number of companies entering the AI semiconductor market is also expected to further drive demand.""  
[X Link](https://x.com/ChipsandWafers/status/1950110944039731449)  2025-07-29T08:27Z [----] followers, [----] engagements


"$META Capex Commentary: 👉Guiding to '26 capex of USD 100b+"  
[X Link](https://x.com/ChipsandWafers/status/1950855250824380600)  2025-07-31T09:45Z [----] followers, [----] engagements


"Q2 Hyperscaler CapEx Summary🧵: Total Hyperscaler CapEx: $95B 🔹Up +66% YoY 🔹Up +24% QoQ $META $MSFT $GOOG $AMZN"  
[X Link](https://x.com/ChipsandWafers/status/1951228015377010750)  2025-08-01T10:26Z [----] followers, [----] engagements


"Chips & Wafers is Joining SemiAnalysis We are excited to share that the Chips & Wafers team will be joining @SemiAnalysis_ Our goal from the start has been to provide high-quality data-driven semiconductor insights to our customers and followers and we are excited for the opportunity to continue to do this at the best semiconductor research platform in the world. We look forward to seeing you at SemiAnalysis. Chips & Wafers Team"  
[X Link](https://x.com/ChipsandWafers/status/1962491037680550365)  2025-09-01T12:21Z [----] followers, 62.7K engagements

Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing