WT Microelectronics Co. Ltd.: Asia AI Summit 2026 Feedback

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WT Microelectronics Co. Ltd.: Asia AI Summit 2026 Feedback

Update

May 28, 2026 02:31 PM GMT

Morgan Stanley Taiwan Limited+MWT Microelectronics Co. Ltd. | Asia Pacific Daniel Yen, CFA

Equity Analyst

Asia AI Summit 2026 Feedback Daniel.Yen@morganstanley.comCharlie Chan +886 2 2730-2863

Charlie.Chan@morganstanley.com +886 2 2730-1725

Morgan Stanley Asia Limited+

Outlook by segments: Data center and communication segments remain the Daisy Dai, CFA

primary growth driver with strong revenue visibility into 2H. Industrial demonstrates Daisy.Dai@morganstanley.com +852 2848-7310

a structural recovery with projected ~20% Y/Y growth for 2026, driven by power

Morgan Stanley Taiwan Limited+

component demand. Auto segment shows recovery momentum in Europe and Tiffany Yeh

Americas, while the Asian markets remains sluggish, especially China market, and Equity Analyst

Tiffany.Yeh@morganstanley.com +886 2 7712-3032

overall moderate growth is expected in 2Q. Consumer/PC segment demand visibility

is low following customer pull-in in 2H25, Mobile phone segment is still expected to Morgan Stanley Asia Limited+

Ethan Jia

experience seasonal uplifts in 2H26. 2Q financials likely to fall at the mid-point of

Research Associate

guidance (link). Ethan.Jia@morganstanley.com +852 3963-2287

Future Electronics currently accounts for around 10% revenue contribution due to WT Microelectronics Co. Ltd. (3036.TW, 3036 TT)

WT's strong data center growth. Currently, Future's ROWC is below corporate Greater China Technology Semiconductors | Taiwan

average. Stock Rating Overweight

Industry View Attractive

Price target NT$349.00

Up/downside to price target (%) 21

Shr price, close (May 28, 2026) NT$289.50

52-Week Range NT$308.00-118.00

Sh out, dil, curr (mn) 1,269

Mkt cap, curr (mn) NT$367,376