Tripod posts record second-quarter revenue as 2026 capex plan tops NT$10 billion

Tripod’s record Q2 revenue reflects surging demand in advanced packaging driven by HPC and AI accelerators. This intensifies technical pressure upstream, particularly on substrate suppliers to adopt low-CTE materials. U.S. export controls are raising hidden operational costs for Taiwan, China-based firms, making supply chain redundancy essential rather than optional. Competitors like ASE and SPIL may accelerate co-validation with U.S. EDA and equipment vendors to secure compliance advantages. Over the next 18 months, as CoWoS capacity growth plateaus, vertically integrated OSATs will command pricing power, while mid-tier players overly reliant on single clients risk marginalization.