Powerchip Semiconductor (PSMC) posted **July 2026 revenue of NT$6.669B**, up **3.01% month‑over‑month and 70.54% year‑over‑year** – the highest monthly figure in four years. Cumulative January–July revenue reached NT$37.531B, +42.68% YoY, driven by rebounding foundry demand and active wafer price adjustments.

The company raised 8‑inch and 12‑inch logic wafer prices by 10–15% and DRAM wafer prices by 45% effective July. Due to industry settlement cycles, the full revenue and profit impact will start appearing in October results, leaving significant upside for the coming quarters.

CEO Zhu Xianguo addressed market pessimism: despite stock corrections, overheated AI cloud capex, and DRAM speculative leverage, physical orders and supply‑demand fundamentals remain tight. Customer pull‑ins are stable, and the core shortage structure is unchanged.

PSMC is also shifting from pure‑play foundry to key component supplier – developing wafer‑to‑wafer stacking, partnering with Micron on PWF technology, and building in‑house IPD and interposer capabilities. This logic‑plus‑memory dual edge creates differentiation.

Acting Chairman Xie Zaiju noted that price pass‑through lags, so the full benefit of demand recovery and ASP uplift is not yet realized. The company guides steady monthly growth through year‑end, with a strong finish expected.

Dividend policy: semi‑annual payouts per charter; the board will meet next month to approve the first‑half distribution.

ICgoodFind Take:
45% DRAM wafer hike + 70% revenue jump – PSMC is riding the pricing cycle hard. But the real story is their component‑ization strategy (IPD/interposer) beyond vanilla foundry. That’s where long‑term margin expansion lives.