ASIC design service · TSMC affiliate
Global Unichip
The No.1 ASIC design-service firm, with TSMC as its 34.8% largest shareholder and sole foundry, sitting at the chokepoint of the AI/HPC custom-silicon boom. 2025 revenue was NT$34.1bn (~$1.09B), with Q4 driven by mass production of 3nm ASICs for cloud (CSP) customers. Access to HBM/UCIe/3D-packaging IP and TSMC's leading-edge process and CoWoS capacity is its differentiator in a market it shares with Broadcom and Marvell.
3443.TW Updated Jul 12, 2026 5 AI consumers· 3 recurring
Per the valuechain.wiki graph, Global Unichip is directly linked to 3 companies (2 supply, 1 revenue, 1 investment relationships) and reaches 41 companies within two hops; the links are backed by 4 dated sources, 1 of them primary filings (as of 2026-07-12).
Financials & Segments
- Total revenue · 2025 revenue NT$34.1B (~$1.09B)
- Customer concentration · TSMC 34.8% top holder/sole foundry; CSPs ~25% of revenue.
- Segments · ASIC design service · Turnkey · IP
Revenue from
- hyperscalers · CSP (custom ASIC) High confidence· Revenue ~$1.1B · 2025 · 2025 revenue NT$34.1B
Designs and turnkey-supplies 3nm custom ASICs to cloud CSPs (~25% of revenue) — hyperscalers' in-house-chip expansion is the top growth demand, but concentration in a few large customers is its volatility. - SK hynix Medium confidence· Amount NT$34.1B · GUC FY2025 매출(~$1.09B)
An ASIC design partner for SK hynix (e.g. NAND controllers) — a revenue line capturing custom-silicon demand for memory controllers, moving with the HBM/NAND roadmap.Mentions EN DigiTimes (analyst) Published Mar 13, 2026: GUC — AI-ASIC design demand lifts 2026 revenue forecast to NT$52.3bn (EPS NT$42.06)
Pays to
- TSMC High confidence· Amount NT$34.1B · GUC FY2025 매출(~$1.09B)
TSMC is GUC's sole foundry and 34.8% largest shareholder — access to 3nm and CoWoS capacity is both GUC's edge and its dependence; without TSMC's leading-edge process, custom-ASIC production doesn't work. - Synopsys Medium confidence· Amount NT$34.1B · GUC FY2025 매출(~$1.09B)
Licensing cost for Synopsys EDA tools and IP — essential infrastructure for advanced ASIC design; tool dependence constrains design cost and speed.
Investors
- TSMC High confidence· Amount NT$34.1B · GUC FY2025 매출(~$1.09B)
TSMC owns 34.8% of GUC (largest shareholder).
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Marvell | lead2 | +84.6 | -57.5 | +63.7 | +83.8 | -22.8 | +163.4 |
| AMD | lead2 | +56.9 | -55 | +127.6 | -18.1 | +77.3 | +123 |
| Everpure (formerly Pure Storage) | lead2 | +44 | -17.8 | +33.3 | +72.3 | +9.1 | +48.5 |
| NVIDIA | lead2 | +125.5 | -50.3 | +239 | +171.2 | +38.9 | +23.7 |
| Alphabet (Google) | lead2 | +65.3 | -39.1 | +58.3 | +36 | +66 | +8.3 |
| Broadcom | lead2 | +56.5 | -13.3 | +104.2 | +110.5 | +50.6 | +3.8 |
| SK hynix | lead1 | -0.4 | -25.6 | +53.9 | +48.6 | +361.1 | +81.6 |
| Global Unichip | node | +21.4 | +67.6 | +99.4 | -13.7 | +101.4 | +122.8 |
| TSMC | benef1 | +12.1 | -36.7 | +42.3 | +92.6 | +55.9 | +41.9 |
| Synopsys | benef1 | +42.1 | -13.4 | +61.3 | -5.7 | -3.2 | -16.2 |
| SUMCO Corporation | benef2 | -4.3 | -3.9 | +21.3 | -48.1 | +41.7 | +100.6 |
| GlobalWafers | benef2 | +26.9 | -29.9 | +14.3 | -39 | +48.9 | +98.1 |
| Teradyne | benef2 | +36.8 | -46.3 | +24.8 | +16.5 | +54.4 | +84.6 |
| Lam Research | benef2 | +53.7 | -40.7 | +88.6 | -6.8 | +139.2 | +80.1 |
| Applied Materials | benef2 | +83.6 | -37.5 | +68 | +1.1 | +59.6 | +77.6 |
| Resonac | benef2 | -2.6 | -4 | +37.5 | +30.3 | +137.9 | +73.5 |
| Onto Innovation | benef2 | +112.9 | -32.7 | +124.6 | +9 | -5.3 | +69.8 |
| Entegris | benef2 | +44.6 | -52.5 | +83.5 | -17.1 | -14.6 | +65.1 |
| ASML | benef2 | +64.1 | -30.5 | +39.9 | -7.7 | +55.8 | +61.1 |
| KLA | benef2 | +68 | -11.2 | +56 | +9.4 | +94.5 | +53.3 |
| Qnity Electronics | benef2 | · | · | · | · | · | +47.8 |
| SCREEN Holdings | benef2 | +40.7 | -13.2 | +220.1 | -24.1 | +84.9 | +33.7 |
| Tokyo Electron (TEL) | benef2 | +40.4 | -14.5 | +89.8 | -4.4 | +61.6 | +30.3 |
| Advantest | benef2 | +17 | -2.3 | +155.7 | +49.5 | +196 | +29.9 |
| Fujimi Incorporated | benef2 | +64.7 | -1.6 | +40.4 | -24.2 | +28.4 | +23.4 |
| Air Liquide | benef2 | +14.3 | +8.1 | +21.1 | +8.7 | -4.6 | +21.3 |
| BESI | benef2 | +33.7 | -6.1 | +121.8 | -9.3 | +35 | +20.3 |
| EO Technics | benef2 | +7.6 | -28.2 | +130.5 | -16.2 | +163.2 | +17.8 |
| ASM International | benef2 | +44.2 | +2.9 | +68.7 | +10.3 | +25.9 | +16.7 |
| Tokyo Ohka Kogyo (TOK) | benef2 | -2.7 | -3 | +63.8 | +4.3 | +111.5 | +14.1 |
| Shin-Etsu Chemical | benef2 | +6.3 | +3.1 | +57.8 | -15.6 | +7.6 | +13.8 |
| Linde | benef2 | +33.4 | -4.4 | +27.7 | +3.2 | +3.2 | +13.1 |
| HPSP | benef2 | · | · | +216.5 | -30.4 | +54.7 | +9.2 |
| Ebara | benef2 | +58.1 | +2.3 | +76.1 | +41 | +84 | -4.2 |
| Cadence Design Systems | benef2 | +36.6 | -13.8 | +69.6 | +10.3 | +4 | -6.4 |
| Lasertec | benef2 | +78.9 | +2.4 | +57 | -60.6 | +138.9 | -8.5 |
| Photronics | benef2 | +68.9 | -10.7 | +86.4 | -24.9 | +35.8 | -9 |
| Disco Corporation | benef2 | -6.6 | +27.7 | +218.5 | +11.6 | +49.6 | -17.3 |
| Leeno Industrial | benef2 | +21 | -5.3 | +18.3 | +9.5 | +150.1 | -37.1 |
YTD as of 2026-09-04 · source: Yahoo Finance
Global Unichip operates across ASIC design service, TSMC affiliate. It surged +101.4% in 2025 and +122.8% in 2026. The stock (+122.8%) is ahead of both its demand side (avg +81.6%) and supply side (avg +12.9%). Having run ahead of its chain, it is the first spot to give back if customer numbers fail to follow. Among connected nodes the furthest ahead is SK hynix (+81.6%) and the furthest behind is Synopsys (-16.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Access to HBM/UCIe/3D-packaging IP and TSMC's leading-edge process and CoWoS capacity is its differentiator in a market it shares with Broadcom and Marvell.
Analysis generated from returns as of 2026-09-04Analyst ratings
Consensus: Buy 1 · Hold 0 · Sell 0 · Avg. target NT$5,688 · Price NT$5,810 (09-04) · Upside -2%
| Broker | Rating | Target | Published | |
|---|---|---|---|---|
| Morgan Stanley · Charlie Chan | Overweight | NT$5,688 | Jun 24, 2026 | Report ↗ |
On AI ASIC design-service momentum, Morgan Stanley upgraded to Overweight (NT$5,688 target) in June 2026 while JPMorgan raised its target to NT$4,400 but stayed Neutral, showing a split view.