Lates News

ASM's first-quarter report meets market consensus expectations, and the company has also raised its revenue guidance for 2026. UBS stated on April 16th that ASM typically revises its guidance around the middle of the year, so this increase in revenue guidance is significant and indicates improved visibility of strong demand under long-term supply agreements. In addition, TSMC's first-quarter profit grew by 58%, exceeding expectations and reaching a new high. TSMC also predicts that second-quarter sales will reach a new high and added that capital expenditure for this year will be at the high-end of the previously guided range. UBS believes that the performance of ASM and TSMC confirms that the demand for AI computing remains strong as AI applications continue to proliferate. UBS stated that large U.S. tech companies will release their earnings reports in the coming weeks, and investors will closely monitor their monetization efforts and effectiveness. The bank remains bullish on the long-term trend of AI and recommends investors diversify their investments in the AI value chain and across different regions.