Chips & Wafers
@ChipsandWafers
Reliable source for actionable semiconductor data.
Let the data guide your decision making process.
Now part of @SemiAnalysis_
88 Following 10.2K Followers
If the claim in this article that Dylan and Dwarkesh aren't related is true, then explain this:
China Raw Tungsten Exports to Japan:
China Exports of Raw Tungsten are increasing and ASPs are dropping:
@ChipsandWafers followed me.
Achievement unlocked👀
There's something emotional about seeing a passion reach this sort of milestone.
The work isn't done and there’s plenty more to do, but it's nice to have moments of reflection and recognition along the way.
Onward to 100k!
Show more
A little under 2 years ago, we joined X with a simple goal: share what we were learning with the semiconductor community on @X, and hopefully add something useful to the conversation.
Today, we crossed 10,000 followers.
We’re incredibly grateful to everyone who read, shared, challenged, supported, and helped us get here.
Thank you all❤️ — onward.
Show more
The PCB/Substrate capacity build is happening fast.
Over the past week, Zhen Ding ($4958.TW) has announced a combined USD $110m in equipment orders from TAKEWIN INTERNATIONAL(HK)LIMITED, AMPOC FAR-EAST CO. and $KLAC.
Show more
VICTORY LAP!
🟠 We called out Eternal Precision Mechanics ($7795.TW) in this post last week as part of the substrate story:
🟠 Yesterday Unimicron announced a USD $55.2m order!
Show more
Last week we called out Eternal Precision Mechanics ($7795.TW) in this thread on the ABF substrate story.
Yesterday Unimicron ($3037.TW) announced a USD $55.2m order.
Boom!
Show more
One of the most useful frameworks in semiconductor research is to think in derivatives.
The first derivative is often recognized early. For example, the insatiable demand for more AI accelerators has been well established.
And therefore, the market has since moved down the stack, identifying many of the enabling technologies required to support accelerator growth, including memory, networking, power, and advanced packaging.
The more interesting opportunities often emerge one level deeper; at the third derivative layer. (1/7)🧵
Show more
Another disclosed order today for Ardentec, from Accretech, for ~$18M.
Probers inbound.
Ardentec — the wafer sort and test focused OSAT — disclosed another Advantest PO today of ~$19M. That takes YTD '26 equipment orders to ~$300M, nearly 4x full-year 2025.
The trend continues.
Korean HBM exports to Malaysia in August at ~$1.6B, up +467% YoY. Versus +32% YoY to Taiwan.
$INTC #EMIB# $TSM #CoWoS#
Yes, Ibiden to the moon! 🚀
Taiwan OSAT's absolutely ripping.
And ABF substrate makers continue to print...
Up +41% in August, +31% YTD, +7% MoM
ABF、味の素ビルドアップフィルムのリードタイムがほぼ1年
あれまぁ
Higher
Memory represents 54% of the semiconductor market revenue. Source: Omdia
Still going
MONSTROUS MONTH FROM TAIWANESE SERVER ODM'S📈📈
$34.7B, ATH
+117% YoY
+27% MoM
+80% YTD
One of the most useful frameworks in semiconductor research is to think in derivatives.
The first derivative is often recognized early. For example, the insatiable demand for more AI accelerators has been well established.
And therefore, the market has since moved down the stack, identifying many of the enabling technologies required to support accelerator growth, including memory, networking, power, and advanced packaging.
The more interesting opportunities often emerge one level deeper; at the third derivative layer. (1/7)🧵
Show more
Boom.
Ardentec ($3264.TW) revenue looking strong:
Test, Test, Test.
Ardentec — the wafer sort and test focused OSAT — disclosed another Advantest PO today of ~$19M. That takes YTD '26 equipment orders to ~$300M, nearly 4x full-year 2025.
