Bernstein Flags Unimicron, TSMC as AI Beneficiaries

Bernstein identifies Unimicron and TSMC as top Taiwanese stocks poised to benefit from accelerating AI infrastructure spending.
Unimicron expects AI to account for half of 2026 revenue, targeting 35% Nvidia GPU ABF share and >50% ASIC share.
TSMC raised 2026 revenue growth guidance, narrowed capex to $52‑$56 bn, forecasting ~40% earnings growth in 2026.
TSMC announced A13 process technology slated for production in 2029, underscoring long‑term AI chip leadership.