Accelerating the evolution of “AI computers”! What are the 2 expected domestic brands that support onboard “new AI semiconductor” manufacturers?

paddy $Microsoft(MSFT.US)$On the 18th of this month, even if there is no internet or cloud environment for AI processing such as image generation and instantaneous translationTerminal sideIt can be done with”AIPC (AI PC)” was released, and it is creating a buzz. AI processing that does not go through the internet or data center from the viewpoint of security, etc.”Edge AIThe background is that demand for” is increasing. AIPC hasCPUs(central processing unit) andGPUIn addition to (image processing semiconductors), semiconductor chips (processors) with high power efficiency and high speed that specialize in AI processing,”NPU(neural processing unit)” is mounted. The three major US chip makers are in fierce competition, particularly in the development of this NPU.

paddy $Qualcomm(QCOM.US)$First of allMicrosoft's required NPU performance standardsIt met and won installation on the debut aircraft. Qualcomm's NPU “Snapdragon X” series $Arm Holdings(ARM.US)$By design45 trillion times per secondIt boasts the number of calculations. In contrast to this, $Advanced Micro Devices(AMD.US)$Is the number of operations50 trillion times per secondThe NPU “Ryzen AI 300” of $Intel(INTC.US)$Is48 trillion times per second“Lunar Lake” byReleased this yearIt is planned toTry to bounce back. We searched for domestic brands that could benefit from such an increase in demand for NPU and advances in edge AI.

What are the domestic suppliers and related brands of the three major US chip manufacturers that focus on NPU?
■Qualcomm supplier
$Yamaichi Electronics(6941.JP)$、 $SoftBank Group(9984.JP)$(Snapdragon X is designed with an arm under the umbrella)
■Advanced Microdevices supplier
$Ibiden(4062.JP)$、 $Shinko Electric Industries(6967.JP)$(In order of related size according to Bloomberg data, same below)
■Intel suppliers
$Tokyo Electron(8035.JP)$、 $Ibiden(4062.JP)$、 $Shinko Electric Industries(6967.JP)$、 $Lasertec(6920.JP)$、 $Shin-Etsu Chemical(4063.JP)$、 $Screen Holdings(7735.JP)$、 $Advantest(6857.JP)$、 $Disco(6146.JP)$、 $Ebara(6361.JP)$、 $SUMCO(3436.JP)$、 $Tokyo Ohka Kogyo(4186.JP)$, JSR, $AGC(5201.JP)$、 $Toray Industries(3402.JP)$、 $Nikon(7731.JP)$、 $Mitsubishi Gas Chemical(4182.JP)$、 $Rohm(6963.JP)$

Among the suppliers of the 3 chip manufacturers mentioned above, stocks have risen 40% or more since the beginning of the year, but there is a deviation of 15% or more between analysts' target stock prices, and room for growth is expected
◆ $Yamaichi Electronics(6941.JP)$
Qualcomm is the main customer
A major semiconductor inspection socket company. There are also connectors for AI data centers. Qualcomm is the main sales destination and accounts for less than 20% of sales (according to the securities report for the fiscal year ending 23/3).Sockets for generative AIis doing well. Production capacity increased at plants in the Philippines and Sakura City, Chiba Prefecture in response to growing demand. Consolidated sales for the fiscal year ending 25/3 in response to the recovery in the semiconductor market26.3% increase from the previous fiscal yearNet profit of 46 billion yen142.7% increaseIt is expected to be 5 billion yen. There is no target stock price data from securities company analysts. What is the room for increase from the closing price of 3330 yen on the 28th to the analysts' target stock price of 4000 yen20.1%。　　　

◆ $Ebara(6361.JP)$
Main customers are Intel and TSMC
It is a CMP (chemical mechanical polishing) device that polishes semiconductor wafers and has the second largest market share in the world. Consolidated sales revenue (sales) for the fiscal year ended 2014/12 compared to the previous fiscal year8.9% increaseNet profit of 827 billion yen0.9% increaseIt is expected to be 60.8 billion yen. Sales by region are 30% in China and other parts of Asia, 40% in Japan, and just under 20% in North America and Europe. What is the room for increase from the closing price of 2543.5 yen on the 28th to the analyst average target stock price of 3020 yen19.7%。　

Check out the 2 high-profile edge AI-related brands that have risen drastically since the beginning of the year (45% or more)!
◆ $Fixstars(3687.JP)$
Providing a development environment for edge AI applications
A software company with strengths in power-saving and high-speed technology. We sell development environments for edge AI applications. Customers include KIOXIA and Renesas Electronics. Quantum technology-related businesses are also expanding. The highest net profit has been updated continuously, and the sales forecast for the fiscal year ending September 24 is compared to the previous fiscal year13.7% increaseWhat is the net profit forecast for 8 billion yen7.1% increase1.55 billion yen. What is the ROE for the first semester28.8%and expensive. Only one domestic securities company is rated “outperforming” with a target stock price of 2400 yen as of the end of February.

◆ $Headwaters(4011.JP)$
Edge AI for manufacturing plants
We provide generative AI solutions and digital transformation services for enterprises. We have partnered with Microsoft to develop edge generation AI solutions for manufacturing plants. On 5/21, an industrial edge generation AI solution was developed and announced using technology from German Siemens AG and US semiconductor NVIDIA. Zero interest-bearing debt. Consolidated sales for the fiscal year ended 12/24 compared to the previous fiscal year26.5% increaseNet profit of 2.9 billion yen121.8% increaseIt is expected to be 150 million yen. There is no coverage of securities analysts. From the closing price on the 28th (11640 yen) to the Morningstar fair stock price (16324.84 yen)40.25%There is room for improvement.　

Related stocks not listed above: $Digital Media Professionals(3652.JP)$、 $Optim(3694.JP)$、 $Neural Group(4056.JP)$、 $AI inside(4488.JP)$