APAC Wrap: 8 June 2026
Hello,
Back for a conference in Singapore before heading to Penang / Kulim for the weekend.
Marvell: Production capacity secured to meet 50% DC growth target this year and 55% in 2027 (Digitimes)
Following on from S&P inclusion we got this Digitimes interview:
COO says that current revenue forecasts were foreseen years ago; have been providing five year projections to suppliers since 2021; built trust with suppliers by meeting forecasts.
If Marvel can secure more supply today, revenue growth would be higher.
Supply chain constraints actually good for smoothing out cyclicality.
“Products incorporating Marvell IP come in many forms, sometimes an XPU, sometimes a network interface controller, sometimes an accelerator device, or a storage accelerator, or a new memory computing device. There's a misconception that Marvell is in the XPU business, but the company is actually in the I/O business.”
They are going to need all the production capacity they can get to meet Mizuho’s expectations for the ASIC ecosystem:
Sean@sean_________Mizuho ASIC channel checks: pounding table on $AVGO "potential >35M TPU shipments in 2028E (up 8x from 2026E ~4.3M and 2025 ~2.4M), which is significantly above our estimates of ~7M ASIC shipments for AVGO" "We believe OAI ASIC is in development with 10GW AVGO project (Nexus)
12:36 PM · Jun 7, 2026 · 304K Views11 Replies · 43 Reposts · 305 LikesMacronix / Yageo : May revenue out today
AP Memory / Intel
I’m told there was some enthusiasm about silicon capacitators at Computex, though the focus seemed to be on UMC and PSMC.
“Intel’s EMIB-T packaging will see large-scale adoption in 2027, while Google TPU v8e and Meta’s in-house CPU have already confirmed their use.”
From the chat this morning, AP Memory missed May revenue expectations:
Notably, sitting at the top of that list, Kingslide is hosting investor meetings in New York this week. Kingslide was also called out in MS’s Computex note yesterday, observing that Kingslide is the unsung hero found everywhere on the Computex floor.