The Zhitong Finance App learned that ASMPT (00522) rose nearly 5%. As of press release, it had risen 4.56% to HK$89.4, with a turnover of HK$65.5048 million.

According to the news, TSMC previously announced that consolidated revenue for January was NT$215.785 billion, up 22.4% from the previous month and 7.9% year-on-year, reaching a record high for the same period. Furthermore, according to media reports, TSMC held a board meeting on the 6th to announce that it will build a second fab in Kumamoto with a Japanese partner by the end of this year. The new plant will introduce 7 nm and 6 nm advanced manufacturing processes and be put into operation by the end of 2027.

According to the J.P. Morgan Chase Research Report, ASMPT is likely to supply hybrid bonders to TSMC. It is expected to recognize ASMPT's advanced packaging platform technology and continue to be optimistic about ASMPT's development prospects. The bank maintains the ASMPT “gain” rating and raised the target price to HK$100. The company will release financial results for the fourth quarter of 2023. Management is expected to mention that spending on packaging equipment will enter a cyclical upward trajectory, while also expecting a breakthrough in the field of hybrid bonding (Hybrid Bonding).