The author highlights Xintec (3374) as a speculative TSMC packaging/test subsidiary benefi
The author highlights Xintec (3374) as a speculative TSMC packaging/test subsidiary benefiting from TSMC's COUPE mass production starting in H2 2026 and aggressive pursuit of CPO opportunities. They note asymmetric upside from vertical integration, while mentioning sector repricing. Disclosure: long all mentioned stocks.
“Xintec (3374) also looks like an interesting idea (TSMC packaging/test subsidary). MC is at ~ $2.18B. $TSM COUPE mass production starts this half, H2 2026. and... they have plans for "Aggressively pursuing CPO opportunities with subsidiaries Xintec". This is just very high-level, not too much public figures on volumes flowing to Xintec in COUPE. But this is just a asymmetrical guess on $TSM wanting to vertically integrate as much as possible and volume flowing down to their own subidary. Lot of the Taiwan CPO stocks like Foci, MSSCorp, Shunsin (foxconn advanced packaging/test), and co. are gradually being repriced... (disclosure: have exposure to everything above). But generally, architectural shift is going to be pretty sudden, and will show up in their balance sheets soon. Especially $TSM related companies (Xintec looks more compelling than VisEra, at least for this next few months). Foci I've already covered for FAU.”Original post：X / @aleabitoreddit ↗