QM · rank #12 · 2026-10-23
IMOS
NASDAQ · $2.12B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +237.19% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +9.3% |
| Profit margin Net profit margin, trailing 12 months. | +8.3% |
| Market cap (USD) Size filter: > $500M required. | $2.12B |
| Anchor (recent) Close on 2026-09-23 | $67.37 |
| Anchor (far) Close on 2025-09-23 | $19.98 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
ChipMOS (IMOS) is a Taiwan-based outsourced semiconductor assembly and test (OSAT) provider specializing in memory and display-driver packaging, testing, and bumping for customers including Micron, Nanya, and MediaTek.
Rationale
The momentum signal (2.37) is directly reinforced by hard revenue data — 3Q26 record revenue up 36.7% YoY driven by AI-linked memory demand tightness and long-term supply agreements that provide near-term earnings visibility, while improving gross margins (6.6% → 18.0% in two quarters) validate the quality leg of the screen.
Material risks
- 1AI-driven memory capacity tightness is the engine of current outperformance, but normalization of that tightness — or Micron/Nanya expanding in-house test capacity — would rapidly deflate utilization rates and compress margins back toward the 6–7% trough seen just a year ago.
- 2Taiwan geopolitical concentration creates binary tail risk: export controls, cross-strait disruption, or semiconductor sanctions could abruptly impair both operations and capital flows, with no geographic diversification to absorb the shock.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.