High-end IC substrates (HBM, 3D)

AT&S

An Austrian maker of high-end IC substrates/FC-BGA (~10% share), specialized in HBM and 3D-IC advanced packaging for AMD and Intel.

ATS.VI Updated Jun 21, 2026

Annual return · 2026-06-19'21+57.5%'22-22%'23-27.6%'24-41.3%'25+188.9%YTD+493.2%
AT&SHigh-end IC substrates
Money out동박·빌드업 소재 (비공개)Resonac

Financials & Segments

  • Total revenue · High-end IC substrates (HBM, 3D)
  • Segments · High-end IC substrates (HBM, 3D)

Revenue from

  • AMD High confidence· Market share 10 · 2024 · global FC-BGA share
    Provides high-end IC substrates to AMD.
    Confirms EN AT&S Published May 1, 2025: "Provides high-end IC substrates to AMD."
    Confirms EN IMR Published Jan 1, 2025: "Provides high-end IC substrates to AMD."
  • Intel Medium confidence
    Provides high-end IC substrates to Intel.
    Confirms KO Sisa Journal e Published Jun 1, 2025: "Substrate industry incl. Taiwan/Austria"
    Confirms EN AT&S Published May 1, 2025: "Provides high-end IC substrates to Intel."
    Confirms EN Company IR / exchange filing Published Apr 1, 2025: "Annual report: revenue, customers, business."
    Confirms EN IMR Published Jan 1, 2025: "Provides high-end IC substrates to Intel."

Pays to

  • 동박·빌드업 소재 (비공개) Low confidence
    Materials and R&D (undisclosed).
    Confirms EN AT&S Published May 1, 2025: "Materials and R&D (undisclosed)."
  • Resonac Low confidence
    Buys ABF and substrate materials from Resonac.
    Confirms EN AT&S Published May 1, 2025: "Buys ABF and substrate materials from Resonac."
    Confirms EN IMR Published Jan 1, 2025: "Buys ABF and substrate materials from Resonac."

Value-chain ripple (tiers 2–3)

Following node-to-node links up to 3 tiers; each firm is shown once, at its nearest tier.

CompanyChain'21'22'23'24'25YTD
Alphabet (Google)lead2+65.3-39.1+58.3+35.8+66.1+17.8
Meta Platformslead2+23.1-64.2+194.1+65.9+13.1-12.3
Microsoftlead2+52.5-28+58.2+12.9+15.6-21.2
Intellead1+6.1-46.6+94.6-59.6+84+263.1
AMDlead1+56.9-55+127.6-18.1+77.3+150.9
AT&Snode+57.5-22-27.6-41.3+188.9+493.2
Resonacbenef1-2.6-4+37.5+30.3+137.9+105.5

YTD as of 2026-06-19 · source: Yahoo Finance


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