UBS Group believes that ASMPT's order volume in the 3rd or 4th quarter is increasing.
According to the Intelligence Finance app, UBS Group released a research report stating that considering the improvement of the semiconductor industry cycle in 2025, it gives a "buy" rating to ASMPT (00522), with a target price of 135 Hong Kong dollars.
The report states that the industry of HBM stacked technology and 2.5D CoWo packaging technology may shift to TCB without solder. The company is in the early stage of TCB without solder development, possessing proprietary technology, and the migration of the above-mentioned industrial technology is conducive to expanding its market share, especially in the HBM stacking field. Therefore, UBS Group believes that ASMPT's order volume in the 3rd or 4th quarter is showing an increasing trend.