News

Gelonghui June 25｜CLSA released a report stating that Broadcom has injected years of clarity into its customized Application-Specific Integrated Circuit (ASIC) product roadmap. Despite the stock appearing cheap due to the market’s overly optimistic upgrade expectations and ongoing speculation regarding MediaTek’s progress with Google, the report takes a step back for broader perspective. The firm sees longer-term contracts, secured ASIC financing, and—with the AI semiconductor revenue outlook set at $100 billion for fiscal year 2027—a possible 30% upside. This upside aligns with TSMC (TSM.US)’s capacity bottleneck, thereby lending credibility to the forecast.

Glonghui, June 25 — Toyota Motor has sold all of its shares in MS&AD Insurance, with the total transaction amounting to approximately 290 billion yen. Reportedly, Toyota most likely completed this clearance through a block trade. As of the end of March this year, Toyota held about 70.4 million shares of MS&AD Insurance. This sale is also part of Toyota’s broader plan to accelerate the unwinding and cleanup of its cross-shareholdings.

To protect investors' interests, the fund will be suspended from trading at the start of business on June 26 and will resume trading at 10:30 (UTC+8). Redemption operations will remain available during the suspension period. If the premium on June 26 does not fall back effectively, the fund reserves the right to take temporary suspension measures. Currently, the fund is operating normally and there is no significant information that should be disclosed but has not been disclosed.