Key Indices
Top Stories
Strategy | Feedback And Key Takeaways From The Taiwan Tech Field Trip 2026
- We found that AI hardware demand is limited by supply, not by a short-term cycle. Orders are visible for 2-3 years. The same shortage is hitting phones and PCs: Memory costs are pushing prices up and cutting unit sales, hurting cheap models more than premium ones. We like power and thermal parts for AI racks, backend chip makers, and premium device retailers. Top picks: DELTA, HANA, CCET, COM7 and WHA.
Company Update | COM7 (COM7 TB/BUY/Bt29.50/Target: Bt32.50)
- Apple launched the iPhone DUO/18 Pro/18 Pro Max. Based on the past 10 years of data, COM7’s share price declined during the month of an iPhone launch. If the share price pulls back this time, we view Bt27.50 as an attractive entry point, as this represents our valuation for core COM7. Maintain BUY with a target price of Bt32.50, based on SOTP valuation.
Top Stories
Strategy | Feedback And Key Takeaways From The Taiwan Tech Field Trip 2026
- We found that AI hardware demand is limited by supply, not by a short-term cycle. Orders are visible for 2-3 years. The same shortage is hitting phones and PCs: Memory costs are pushing prices up and cutting unit sales, hurting cheap models more than premium ones. We like power and thermal parts for AI racks, backend chip makers, and premium device retailers. Top picks: DELTA, HANA, CCET, COM7 and WHA.
Company Update | COM7 (COM7 TB/BUY/Bt29.50/Target: Bt32.50)
- Apple launched the iPhone DUO/18 Pro/18 Pro Max. Based on the past 10 years of data, COM7’s share price declined during the month of an iPhone launch. If the share price pulls back this time, we view Bt27.50 as an attractive entry point, as this represents our valuation for core COM7. Maintain BUY with a target price of Bt32.50, based on SOTP valuation.
Key Indices
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