As large cloud companies have invested in developing their own AI customized chips (ASICs), Taiwan's IC design companies have benefited. Sechip-KY (3661)'s revenue exceeded 10 billion yuan for the first time in October, an annual increase of 515.81%, setting a new high for four consecutive months; MediaTek (2454)'s first AI accelerator began shipping in September, and it also obtained its second data center ASIC customer. However, insufficient wafer, carrier board and packaging production capacity have become key variables for revenue growth.

Shixin’s October revenue exceeded 10 billion yuan! 3 Nano project revenue will double next year

Shixin 10 daysannouncement, the consolidated revenue in October was 10.260 billion yuan, an increase of 2.82% from September and a 515.81% increase from the same period last year. It exceeded 10 billion yuan for the first time and set a new monthly high for four consecutive months. The cumulative revenue in the first ten months was 48.06 billion yuan, an annual increase of 72.62%. Shixin said that revenue growth mainly comes from the increase in mass-produced products, which means that existing AI accelerator projects have entered the mass shipment stage.

Shixin pointed out at a recent press conference that the fourth-quarter revenue estimate for the existing 3-nanometer AI accelerator project is slightly higher than the third quarter; in 2027, as customers increase wafer configuration, the revenue of this project has the opportunity to more than double year-on-year. Shixin also raises working capital through the issuance of global depositary receipts (GDRs).

Shixin won an order of US$1 billion! 2 Nano chips will be shipped in large quantities in 2028

Shixin recentlyDhamma talksIt was confirmed on the Internet that it has successfully signed a contract with a large American cloud provider (CSP) for customized AI chips (ASICs). The two parties have signed and started cooperation, with a business scale of US$1 billion. It is expected to start contributing to mass production revenue in the second quarter of 2027. In the future, it is expected to become the second largest source of revenue for Schip, reducing its reliance on a single large-scale project. In terms of next-generation products, Sechip's 2-nanometer AI accelerator is expected to be put into production this quarter, targeting small-volume production in the fourth quarter of 2027 and mass shipments in 2028.

Cai Lixing: Q4 revenue growth is expected to be 30%, and the revenue target in 2027 is 16 billion mg

MediaTek 10thannouncement, the consolidated revenue in October was 55.026 billion yuan, a decrease of 0.67% from September and an increase of 5.77% from the same period last year; the cumulative revenue in the first ten months was 524.417 billion yuan, an annual increase of 5.35%. MediaTek estimates fourth-quarter revenue to be between 210.1 billion and 221.8 billion yuan, an increase of 25% to 32% from the third quarter. The main growth momentum comes from the ASIC business.

MediaTek CEO Cai Lixing said that the first AI accelerator has begun small-volume shipments in September. The company is confident that it will contribute US$2.5 billion in the fourth quarter, and its revenue in 2027 will also move towards the upper edge of the target range of approximately US$16 billion. MediaTek's second-generation AI ASIC targets mass production in the first quarter of 2028. The October press conference confirmed that it has signed a second US-based data center ASIC customer and is expected to start contributing revenue in 2028.

Insufficient production capacity becomes the biggest variable! Shixin admits it made $100 million less

The rapid growth in demand for AI chips has also made supply chain capacity a bottleneck for revenue growth. Shixin admitted that some projects in the third quarter were limited by insufficient wafer, carrier board and packaging production capacity. If there were no supply problems, single-quarter revenue could have been approximately US$100 million more. MediaTek is also continuing to strive for the supply of key components such as carrier boards to ensure the smooth shipment of AI accelerators.

this article ASIC business opportunities are booming! Worldchip’s revenue exceeded 10 billion in October, and MediaTek added its second major US customer first appeared in Chain News ABMedia。