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3661: AI Scale-Up Partnerships And 3D Integration Will Drive Data Center Demand

Published
05 Dec 24
Updated
30 Oct 25
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AnalystConsensusTarget's Fair Value
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1Y
52.3%
7D
-1.5%

Author's Valuation

NT$4.52k22.4% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on 30 Oct 25

Analysts have revised Alchip Technologies' price target, maintaining the fair value estimate at $4,524.46 per share. This is supported by stable revenue growth and profit margin forecasts, with only minor adjustments to the discount rate and future P/E expectations.

Shared on 16 Oct 25

Fair value Decreased 1.51%

Analysts have slightly lowered their price target for Alchip Technologies from $4,593.69 to $4,524.46, citing modest improvements in profit margin and revenue growth, balanced against a decreased fair value estimate. What's in the News Alchip Technologies is joining the Arm Total Design ecosystem to expedite and simplify the development of custom silicon based on Arm Neoverse Compute Subsystems.

Shared on 15 Aug 25

Fair value Increased 21%

Analysts have raised their price target for Alchip Technologies, primarily driven by significantly higher revenue growth forecasts, resulting in an upward revision of fair value from NT$3,788 to NT$4,352. What's in the News Alchip Technologies received first wafers from its 2nm Design Platform, enabling advanced 2.5D/3D ASIC development and supporting integration with 3nm/5nm IO chiplets; its 2nm test chip achieved first-pass silicon success, showcasing leadership in high-performance ASICs and readiness for future TSMC process nodes.

Shared on 01 May 25

Fair value Decreased 5.13%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 1.55%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 0.27%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 0.32%

AnalystConsensusTarget has decreased revenue growth from 29.9% to 24.3% and increased profit margin from 12.7% to 14.5%.

Shared on 19 Mar 25

Fair value Decreased 4.05%

AnalystConsensusTarget has increased revenue growth from 26.3% to 29.9%.

Shared on 12 Mar 25

Fair value Increased 23%

AnalystConsensusTarget has decreased revenue growth from 37.6% to 26.3%, decreased profit margin from 15.2% to 13.1%, increased future PE multiple from 17.0x to 34.4x and increased discount rate from 7.3% to 8.9%.