IMOS Chipmos Technologies Inc - ADR

$IMOS (ChipMOS, Taiwan chip assembly and test house) booked record Q3 revenue of NT$8,400.8M, but September's NT$2,792.0M was up only 0.2% from August and still below July's NT$2,823.0M. Monthly sales have sat near NT$2.8B since July, so the 13.8% gain over Q2's NT$7,383.1M came from a July step-up, not a rising trend. Other side: Q3 is +36.7% YoY and the company says AI demand outpaces memory supply, with new capacity tied to customer forecasts and long-term supply agreements. Next: Q3 profit and margin vs Q2's 18%; no date set.

$IMOS damn, waited for a pullback to buy some more, but it never came! This moves in silence. Undervalued Underdog.

$IMOS ChipMOS is gapping past a 78.35 buy point this morning on heavy volume, per IBD, and it is riding a real numbers sequence. August revenue was 88.0 million, up 33.3% year over year. The company cited “strong memory demand led by a persistent AI-related demand/supply imbalance.” The acceleration is the point. Earnings growth the past four quarters: 30%, 113%, 208%, 263%. Sales over the same stretch: 9%, 26%, 30%, 23%. ChipMOS is OSAT, assembly and test, the choke point where memory demand turns into finished chips. And the company says it is adding capacity only against committed customer demand. That reads like pricing-power behavior, not cycle-chasing.