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《大行》花旗升ASMPT(00522.HK)目標價至75元 次季業績符預期
阿思達克 07-24 10:53
花旗發表研究報告指,ASMPT(00522.HK)第二季業績符合預期,受惠於熱壓焊接(TCB)需求和主流業務穩定,第三季指引同樣符合預期,而此前數個季度的指引均未達預期。 該行表示,TCB需求穩健,新的高頻寬記憶體(HBM)客戶正採用集團的TCB進行低產量的12H HBM 4生產,而代工廠亦開始進行CoW生產。主流半導體和表面貼裝技術(SMT)的前景亦因人工智能數據中心及中國的電動車和消費需求而改善。 該行相信,ASMPT最困難的時間已經過去,並將在2026至27年迎來增長的TCB機會。該行將公司目標價由65元上調至75元,維持「買入」評級。
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