VIS sees stronger growth in the AI boom and pricing power

VIS’s projected Q2 2026 shipment and ASP growth signals real demand for mature-node chips in AI edge applications. Technically, this accelerates migration of CIS, PMICs, and MCUs below 40nm, forcing OSATs to upgrade Fan-Out and chiplet integration capabilities. Geopolitically, tighter U.S. equipment controls raise compliance costs but boost VIS’s trust premium among non-U.S. clients. TSMC and UMC will likely avoid price wars, instead locking capacity via IDM-style partnerships with key customers—squeezing smaller foundries’ pricing power. Over the next 18 months, mature-node foundry capacity will enter a 'structural tightness' phase: AIoT and automotive demand soaks up supply, while new 200mm fab ramps lag due to equipment bottlenecks. If VIS sustains >30% gross margins, it will emerge as the most resilient cash cow in the global mature-node ecosystem.