Twitter/X

JPMorgan (2026-06-20) argues AI is driving a resurgence in custom chips (ASICs)…

2026-06-20 · 06:10 UTC ·@jukan05 ·0 min read

Brief

Weekend reading recommendations point to a semiconductor and datacenter narrative: JPMorgan outlines an AI-led resurgence in custom ASICs, SemiAnalysis disputes stories that half of 2026 US datacenter capacity is canceled, Bernstein frames a CPU renaissance with a $223bn TAM identifying likely beneficiaries, and UBS flags Largan Precision's CPO catalysts and solid smartphone lens demand as drivers for additional upside.

Why it matters

JPMorgan (2026-06-20) argues AI is driving a resurgence in custom chips (ASICs) and provides an updated ASIC market overview.

Key details

  • SemiAnalysis challenges claims that half of 2026 US datacenter capacity has been canceled, advising caution on those supply/demand narratives.
  • Bernstein highlights a 'CPU Renaissance' with a $223bn total addressable market (TAM) and UBS says Largan Precision benefits from CPO catalysts plus firm core smartphone lens demand, supporting further upside.
Source evidence

Weekend reading recommendations:

• JPMorgan — AI Drives Resurgence in Custom Chips (ASICs): ASIC Market Overview/Update
• SemiAnalysis — Stop Saying Half of 2026 US Datacenter Capacity Is Canceled
• Bernstein — Global Semis: The CPU Renaissance? Beneficiaries of a $223bn TAM…
• UBS — Largan Precision: CPO catalysts alongside firm core smartphone lens demand support further upside