JPM | APAC Technology - MLCC / JX / Alchip

Research evidence excerpt

JPM | APAC Technology - MLCC / JX / Alchip

Specialist Sales

APAC Specialist Sales J P M O R G A N

16 June 2026

• Nvidia Joins AI Debt Boom With Bond Sale Targeting $20 Billion (Bloomberg)

• Samsung wins 1st Neuralink chip order as Musk broadens supply chain (Korea Economic Daily)

• Samsung Electro-Mechanics completes AI chip power trio (Maeil)

• LG Innotek sees AI-driven iPhone growth (Tech in Asia)

• TSMC drives NT$960 billion surge in Taiwan outbound investment (Taiwan news)

• Hon Hai Partners With Schneider Electric on AI Data Centers (Bloomberg)

• JX Metals to Invest 120b Yen to Boost Chip Materials (Nikkei)

• Rapidus Signs Deal With UK Semiconductor Centre (Bloomberg)

• NEC Corp: BAE SYSTEMS AND NEC SIGN MOU TO STRENGTHEN JAPAN'S ACTIVE CYBER DEFENCE (Press

Release)

• China achieves breakthrough in key material for silicon-based quantum chips (Global Times)

• Memory Chip Giant CXMT Gets Last Nod for Chinese Mainland’s Largest IPO in Four Years (Yicai)

• MetaX Integrated Circuits Plans HK Listing to Raise ~$1b: IFR (Bloomberg)

• ByteDance in Talks With Iluvatar CoreX to Buy AI Chips (Reuters)

• AMD Acquires MEXT to Advance Memory Optimization for Compute Infrastructure (Link)

• IQE and Tower Semiconductor Announce Multi-year InP epiwafer Supply Agreement (Press Release)

Full Research Links

Sector Note:

• Electronic Components Sector -Component Data Deposition: METI production statistics (electronic components,

semiconductors) for Apr 2026: Passive Components firm, MLCCs drive growth- Akinori Kanemoto (Link)

• Taiwan Industrial -Transfer of coverage of seven stocks- Gokul Hariharan (Link)

Company Note:

• Alchip Technologies (3661 TT)- Trn3 ramp commences; Good progress with Trn4 and potential CoT opportunities with

other CSPs; OW- Gokul Hariharan (Link)