$ASX

Does he own it?

Always appears as a list entry in supply-chain maps, never with a first-person position statement. Two explicit ownership disclosures (Jan and Jun) list his holdings and both exclude ASX. One ambiguous "I own most" list includes it, but the explicit disclosures override that. Treated as a large-cap reference point, not a holding.

His thesis

He sees ASE as a major Taiwanese OSAT/advanced-packaging and optical-assembly beneficiary of the AI buildout, especially CPO/silicon photonics and SiC interposers for next-gen Nvidia/hyperscaler chips. He repeatedly slots it into value-chain maps for assembly, packaging, and FAU/optical-engine work, and views Taiwan's supply chain bullishly off AMD/AMD-ecosystem capex news. But he uses it mainly as a large-cap benchmark to highlight tinier, higher-upside names he prefers.

How his view evolved

Consistent throughout: from January SiC-interposer mapping to June AI-exposure lists, ASX stays a recurring large-cap supply-chain reference. It is increasingly used as a size benchmark to contrast against the smaller hidden plays he actually favors.

Key points

• Recurs across supply-chain/CPO/SiC maps as an OSAT and optical-packaging name
• Explicit ownership disclosures consistently exclude ASX
• Used as a tens-of-billions benchmark versus the smaller names he prefers (Shunsin, SIVE, XFAB)

Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $ASX on X ↗