Streetbeat News

ALCPF

Alchip Technologies Ltd.

Industry

Semiconductor and Related Device Manufacturing

Open

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Mkt cap

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High

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P/E Ratio

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52-wk high

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52-wk low

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Macquarie has identified 10 Asian stocks, including TSMC and SK Hynix, as top buying opportunities amidst global market volatility. These stocks are seen as resilient to recession fears and are expected to rebound strongly.

Portfolio Pulse from Surbhi Jain

August 07, 2024 | 1:16 pm

Intel's introduction of the Gaudi 3 AI chip is expected to benefit TSMC, Alchip, and Wistron significantly, with Morgan Stanley projecting a surge in demand. TSMC will fabricate the chips, Alchip will provide design services, and Wistron will supply baseboards. The demand for AI is driving TSMC's revenue growth, and Alchip's strategic relocation to Japan aligns with its involvement in Gaudi chips. Intel's stock, currently consolidating, may rise with the Gaudi 3 launch and resolution of supply issues by the second half of 2024.

Portfolio Pulse from Benzinga Neuro

April 24, 2024 | 11:52 am

Morgan Stanley predicts significant benefits for TSMC, Alchip, and Wistron from Intel's new AI chip, Gaudi 3. TSMC will fabricate the chip, Alchip will provide design services, and Wistron will supply baseboards. The demand for AI chips is expected to drive revenue growth for these companies, with Intel's Gaudi shipments potentially reaching 300-400k units in 2025, generating $2-3bn in revenue. TSMC and Alchip are considered long-term winners in the AI semiconductor market.

Portfolio Pulse from Benzinga Neuro

April 24, 2024 | 11:51 am

Bank of America is bullish on AI, spotlighting top supply chain stocks, including NVIDIA Corp (NASDAQ:NVDA) suppliers, as beneficiaries of the AI boom. BofA analysts emphasize the scarcity of AI/computing suppliers, boosting their value and bargaining power. Key stocks in the AI supply chain highlighted include server original design manufacturers Quanta Services (NYSE:PWR), Wistron (OTC:WICOF), and Foxconn Industrial Internet; hardware tech firms Unimicron and NYPCB; and semiconductor companies Alchip Techs (OTC:ALCPF), eMemory, and MediaTek. The AI computing industry's rapid growth is underscored by Nvidia's expansions into AI applications, collaborations with Johnson & Johnson and General Electric, and developments in humanoid robots.

Portfolio Pulse from Benzinga Neuro

March 27, 2024 | 2:56 am

This week's top economic news includes concerns among Japanese businesses about a potential Trump return, IRS targeting wealthy Americans for tax evasion, Taiwanese chip firms expanding in Japan due to US-China decoupling, Saudi Arabia's financial strains from development projects, and Indonesia's 'Swiftonomics' tourism strategy. Notably, Alchip Techs (OTC:ALCPF) is moving R&D from China to Japan amid semiconductor industry shifts.

Portfolio Pulse from Benzinga Neuro

February 25, 2024 | 12:03 pm

Taiwanese chip companies are expanding their operations in Japan as a strategic move amidst the U.S. efforts to limit China's semiconductor advancements. Companies like Alchip Techs and eMemory Technology are relocating or establishing operations in Japan, benefiting from the country's supportive government and subsidies. Taiwan Semiconductor (TSM) is also setting up its first plant in Kyushu, Japan, with plans for a second, highlighting Japan's growing importance in the global semiconductor supply chain.

Portfolio Pulse from Benzinga Neuro

February 22, 2024 | 7:30 am

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