大行评级丨花旗:ASMPT业绩及指引均远超预期,重申“买入”评级

格隆汇
Jul 30
花旗发表报告指,ASMPT第二季业绩及第三季指引均远超预期,受惠于半导体及表面贴装技术业务的强劲增长。订单出货比维持五年高位,2026年第三季订单进一步上升。尽管市场忧虑人工智能及存储器需求的可持续性,该行认为多项由AI驱动的先进封装机会仍然完好,热压键合及光子技术将成为主要增长动力。该行指,ASMPT近期因半导体悲观情绪导致股价回调35%,提供吸引的风险回报状况,同时相信新存储器产能扩张公告及潜在SMT业务分拆,可成为正面催化剂。该行重申对其“买入”评级,目标价250港元。

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