{"slug":"alchip","name":"알칩","name_en":"Alchip Technologies","ticker":"3661.TW","updated_at":"2026-07-12T08:20:18.31669+00:00","canonical":"https://valuechain.wiki/alchip","same_as":["https://finance.yahoo.com/quote/3661.TW"],"citable":"밸류체인 그래프 기준 알칩의 직접 연결 기업은 6곳(관계 기준 공급 4·매출 2)이고, 사슬을 2차까지 넓히면 58곳에 닿는다. 링크의 근거 출처는 9건이며 그중 1차공시가 3건이다 (valuechain.wiki, 2026-07-12 기준).","citable_en":"Per the valuechain.wiki graph, Alchip Technologies is directly linked to 6 companies (4 supply, 2 revenue relationships) and reaches 58 companies within two hops; the links are backed by 9 dated sources, 3 of them primary filings (as of 2026-07-12).","kicker":"AI 커스텀 ASIC · 선단공정 설계","kicker_en":"AI custom ASIC · leading-edge design","lead":"하이퍼스케일러용 AI 커스텀 ASIC 설계·생산관리 서비스 기업으로, TSMC OIP 3DFabric 창립멤버로서 선단 공정에서만 운영한다. 아마존·구글 등 하이퍼스케일러의 자체 AI칩 수요로 급성장하며, 브로드컴·마벨·GUC와 겹치는 커스텀 실리콘 시장에서 TSMC 선단공정·2.5D 패키징 접근성이 무기다.","lead_en":"An AI custom-ASIC design and production-management service for hyperscalers, and a founding member of TSMC's OIP 3DFabric operating only on leading-edge nodes. It is growing fast on hyperscalers' (Amazon, Google) in-house AI-chip demand, with access to TSMC's leading-edge process and 2.5D packaging as its weapon in a custom-silicon market it shares with Broadcom, Marvell and GUC.","segments":{"fy":2025,"parts":[{"desc":"하이퍼스케일러 자체 AI칩(XPU)의 커스텀 ASIC 설계부터 양산관리까지. 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It is growing fast on custom AI-chip demand from Amazon, Google and others, and as a founding OIP 3DFabric member ties directly to TSMC's leading-edge process and 2.5D packaging capacity — a supply-bottleneck setup where the supply side (TSMC) moves ahead of its stock. In a market competing with Broadcom, Marvell and GUC, its edge is a track record on leading-edge nodes and Arm IP integration. The risks are concentration in a few hyperscaler customers and dual dependence on foundry capacity and design tools (Synopsys, Cadence).","analysis_asof":"2026-07-09"},"edges":[{"direction":"cost","counterparty":"Synopsys","counterparty_slug":"synopsys","confidence":"high","metric":null,"note":"시높시스 EDA 툴·IP 라이선스 비용 — 선단공정 ASIC 설계의 필수 인프라. 설계툴 종속이 설계 원가·속도를 제약한다.","note_en":"Licensing cost for Synopsys EDA tools and IP — essential infrastructure for leading-edge ASIC design; tool dependence constrains design cost and speed.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-12-22","url":"https://www.sec.gov/Archives/edgar/data/883241/000088324125000028/snps-20251031.htm","title":"Synopsys FY2025 연차보고서(10-K)","title_en":"Synopsys FY2025 annual report (10-K)","excerpt":"알칩가 Synopsys EDA 툴·IP 라이선스로 칩 설계.","excerpt_en":"alchip designs chips on synopsys EDA tools and IP."},{"stance":"confirms","publisher":"SemiAnalysis","publisher_en":"SemiAnalysis","kind":"research","lang":"en","published_at":"2025-09-01","url":"https://newsletter.semianalysis.com/p/eda-market-primer","title":"EDA 시장 프라이머: 과점·고객·ASIC하우스","title_en":"EDA Market Primer","excerpt":"알칩가 Synopsys EDA 툴·IP 라이선스로 칩 설계.","excerpt_en":"alchip designs chips on synopsys EDA tools and IP."}]},{"direction":"cost","counterparty":"Cadence Design Systems","counterparty_slug":"cadence","confidence":"high","metric":null,"note":"케이던스 EDA 툴·IP 라이선스 비용 — 시높시스와 함께 설계툴을 과점해, 툴 접근이 곧 선단공정 설계 역량의 전제다.","note_en":"Licensing cost for Cadence EDA tools and IP — with Synopsys a design-tool duopoly, so tool access is a precondition for leading-edge design capability.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-19","url":"https://www.sec.gov/Archives/edgar/data/813672/000081367226000016/cdns-20251231.htm","title":"Cadence FY2025 연차보고서(10-K)","title_en":"Cadence FY2025 annual report (10-K)","excerpt":"알칩가 Cadence Design Systems EDA 툴·IP 라이선스로 칩 설계.","excerpt_en":"alchip designs chips on cadence EDA tools and IP."},{"stance":"confirms","publisher":"SemiAnalysis","publisher_en":"SemiAnalysis","kind":"research","lang":"en","published_at":"2025-09-01","url":"https://newsletter.semianalysis.com/p/eda-market-primer","title":"EDA 시장 프라이머: 과점·고객·ASIC하우스","title_en":"EDA Market Primer","excerpt":"알칩가 Cadence Design Systems EDA 툴·IP 라이선스로 칩 설계.","excerpt_en":"alchip designs chips on cadence EDA tools and IP."}]},{"direction":"cost","counterparty":"TSMC","counterparty_slug":"tsmc","confidence":"high","metric":null,"note":"TSMC에서 파운드리 캐파·IP를 매입 — OIP 3DFabric 창립멤버로 선단공정·2.5D 패키징에 직접 연동된다. TSMC 캐파 접근이 알칩 경쟁력의 원천이자 종속이다.","note_en":"Buys foundry capacity and IP from TSMC — as an OIP 3DFabric founding member it ties directly to leading-edge process and 2.5D packaging; TSMC capacity access is both Alchip's edge and its dependence.","sources":[{"stance":"confirms","publisher":"SemiWiki","publisher_en":"SemiWiki","kind":"analysis","lang":"en","published_at":"2026-02-01","url":"https://semiwiki.com/forum/threads/alchip-technologies-reports-q4-and-2025-fy-financial-results.24811/","title":"Alchip 실적","title_en":"Alchip financial results","excerpt":"TSMC에서 파운드리·IP 매입.","excerpt_en":"Buys foundry and IP from TSMC."},{"stance":"confirms","publisher":"Alchip","publisher_en":"Alchip","kind":"ir","lang":"en","published_at":"2025-01-01","url":"https://www.alchip.com/en/Newsroom/AI_Elevates_Production_Managements_Importance","title":"Alchip, AI ASIC 밸류체인","title_en":"Alchip on the AI ASIC value chain","excerpt":"TSMC에서 파운드리·IP 매입.","excerpt_en":"Buys foundry and IP from TSMC."}]},{"direction":"revenue","counterparty":"아마존","counterparty_slug":"amazon","confidence":"high","metric":{"fy":2025,"group_rev_musd":992,"ai_hpc_share_pct":83,"adv_node_share_pct":14},"note":"아마존의 자체 AI칩 커스텀 ASIC을 설계·양산관리 — 하이퍼스케일러 자체 실리콘 수요의 대형 축. AWS 커스텀 칩 로드맵이 곧 알칩 물량이다.","note_en":"Designs and manages production of custom ASICs for Amazon's in-house AI chips — a large axis of hyperscaler in-house-silicon demand; AWS's custom-chip roadmap is Alchip's volume.","sources":[{"stance":"confirms","publisher":"Alchip (GlobeNewswire)","publisher_en":"Alchip (GlobeNewswire)","kind":"news","lang":"en","published_at":"2026-03-18","url":"https://www.globenewswire.com/news-release/2026/03/18/3258197/0/en/Alchip-Technologies-Reports-Q4-and-2025-FY-Financial-Results.html","title":"Alchip FY2025 실적 + 2026 전망(3nm 가속, 매출 2024 피크 상회 전망)","title_en":"Alchip FY2025 results + 2026 outlook (3nm ramp, revenue to surpass 2024 peak)","excerpt":"Alchip FY2025 매출 $9.92억(전년 $16억 대비 감소, 출하 타이밍); AI·HPC ASIC 83%·2/3nm 14%. 2026 2분기부터 3nm AI 가속기 양산 재개로 매출이 2024 피크 상회 전망.","excerpt_en":"Alchip FY2025 revenue $992M (down from $1.6B on shipment timing); AI/HPC ASIC 83%, 2nm/3nm 14%; 3nm AI-accelerator production resumes from Q2 2026, revenue to surpass the 2024 peak."},{"stance":"mentions","publisher":"Analyst consensus","publisher_en":"Analyst consensus","kind":"research","lang":"en","published_at":"2026-03-18","url":"https://www.investing.com/equities/alchip-technologies-ltd-consensus-estimates","title":"Alchip 2026 컨센서스(매출 NT$713억·EPS NT$135)","title_en":"Alchip 2026 consensus (revenue NT$71.3B, EPS NT$135)","excerpt":"2026 컨센서스: 매출 NT$713억·EPS NT$135, 매출의 80%가 하반기 편중(3nm 양산 램프).","excerpt_en":"2026 consensus: revenue NT$71.3B, EPS NT$135, ~80% of revenue in H2 on the 3nm ramp."},{"stance":"confirms","publisher":"SemiWiki","publisher_en":"SemiWiki","kind":"analysis","lang":"en","published_at":"2026-02-01","url":"https://semiwiki.com/forum/threads/alchip-technologies-reports-q4-and-2025-fy-financial-results.24811/","title":"Alchip 실적","title_en":"Alchip financial results","excerpt":"아마존에 AI 커스텀 ASIC 설계·생산 공급.","excerpt_en":"Supplies AI custom-ASIC design/production to Amazon."},{"stance":"confirms","publisher":"지디넷코리아","publisher_en":"ZDNet Korea","kind":"news","lang":"ko","published_at":"2025-06-01","url":"https://zdnet.co.kr/view/?no=20260620160653","title":"AI 커스텀 ASIC·후공정 수요 확산","title_en":"AI custom-ASIC/back-end demand spreads","excerpt":"AI 커스텀 ASIC·후공정 수요 확산","excerpt_en":"AI custom-ASIC/back-end demand spreads"},{"stance":"confirms","publisher":"회사 IR/거래소 공시","publisher_en":"Company IR / exchange filing","kind":"filing","lang":"en","published_at":"2025-04-01","url":"https://www.alchip.com/en/Investors/Financial_Information","title":"Alchip 연차보고서(TWSE)","title_en":"Alchip annual report (TWSE)","excerpt":"연차보고서: 매출·고객·사업.","excerpt_en":"Annual report: revenue, customers, business."},{"stance":"confirms","publisher":"Alchip","publisher_en":"Alchip","kind":"ir","lang":"en","published_at":"2025-01-01","url":"https://www.alchip.com/en/Newsroom/AI_Elevates_Production_Managements_Importance","title":"Alchip, AI ASIC 밸류체인","title_en":"Alchip on the AI ASIC value chain","excerpt":"아마존에 AI 커스텀 ASIC 설계·생산 공급.","excerpt_en":"Supplies AI custom-ASIC design/production to Amazon."}]},{"direction":"cost","counterparty":"Arm Holdings","counterparty_slug":"arm","confidence":"mid","metric":null,"note":"Arm에서 CPU/컴퓨트 IP를 라이선스 — 커스텀 ASIC의 코어 IP 종속선. Arm 아키텍처가 하이퍼스케일러 커스텀 칩의 표준으로 굳을수록 알칩 설계의 기반이 된다.","note_en":"Licenses CPU/compute IP from Arm — a dependency on core IP for custom ASICs; as Arm architecture entrenches as the standard for hyperscaler custom chips, it becomes the base of Alchip's designs.","sources":[{"stance":"confirms","publisher":"SemiWiki","publisher_en":"SemiWiki","kind":"analysis","lang":"en","published_at":"2026-02-01","url":"https://semiwiki.com/forum/threads/alchip-technologies-reports-q4-and-2025-fy-financial-results.24811/","title":"Alchip 실적","title_en":"Alchip financial results","excerpt":"Arm Holdings에서 파운드리·IP 매입.","excerpt_en":"Buys foundry and IP from Arm Holdings."},{"stance":"confirms","publisher":"Alchip","publisher_en":"Alchip","kind":"ir","lang":"en","published_at":"2025-01-01","url":"https://www.alchip.com/en/Newsroom/AI_Elevates_Production_Managements_Importance","title":"Alchip, AI ASIC 밸류체인","title_en":"Alchip on the AI ASIC value chain","excerpt":"Arm Holdings에서 파운드리·IP 매입.","excerpt_en":"Buys foundry and IP from Arm Holdings."}]},{"direction":"revenue","counterparty":"알파벳 (구글)","counterparty_slug":"alphabet","confidence":"mid","metric":null,"note":"구글(알파벳)의 자체 AI칩 커스텀 ASIC을 설계·양산관리 — 하이퍼스케일러 자체 칩 수요를 잡는 핵심 매출선. 구글 TPU/커스텀 실리콘 로드맵과 함께 움직인다.","note_en":"Designs and manages production of custom ASICs for Google's (Alphabet's) in-house AI chips — a key revenue line capturing hyperscaler in-house-chip demand, moving with Google's TPU/custom-silicon roadmap.","sources":[{"stance":"confirms","publisher":"SemiWiki","publisher_en":"SemiWiki","kind":"analysis","lang":"en","published_at":"2026-02-01","url":"https://semiwiki.com/forum/threads/alchip-technologies-reports-q4-and-2025-fy-financial-results.24811/","title":"Alchip 실적","title_en":"Alchip financial results","excerpt":"알파벳 (구글)에 AI 커스텀 ASIC 설계·생산 공급.","excerpt_en":"Supplies AI custom-ASIC design/production to Alphabet (Google)."},{"stance":"confirms","publisher":"Alchip","publisher_en":"Alchip","kind":"ir","lang":"en","published_at":"2025-01-01","url":"https://www.alchip.com/en/Newsroom/AI_Elevates_Production_Managements_Importance","title":"Alchip, AI ASIC 밸류체인","title_en":"Alchip on the AI ASIC value chain","excerpt":"알파벳 (구글)에 AI 커스텀 ASIC 설계·생산 공급.","excerpt_en":"Supplies AI custom-ASIC design/production to Alphabet (Google)."}]},{"direction":"revenue","counterparty":"AI·HPC 커스텀칩 고객 (비공개)","counterparty_slug":null,"confidence":"mid","metric":null,"note":"AI·HPC 하이퍼스케일러(고객 비공개)에 커스텀 ASIC 설계·양산관리를 공급 — 자체 AI칩 확대가 최대 성장 수요이나, 소수 대형 고객 집중이 곧 실적 변동성이다.","note_en":"Supplies custom-ASIC design and production management to AI/HPC hyperscalers (undisclosed) — in-house-chip expansion is the top growth demand, but concentration in a few large customers is its earnings volatility.","sources":[{"stance":"confirms","publisher":"Alchip","publisher_en":"Alchip","kind":"ir","lang":"en","published_at":"2025-01-01","url":"https://www.alchip.com/en/Newsroom/AI_Elevates_Production_Managements_Importance","title":"Alchip, AI ASIC 밸류체인","title_en":"Alchip on the AI ASIC value chain","excerpt":"AI 커스텀 ASIC 설계·생산을(를) AI·HPC 커스텀칩 고객에 공급.","excerpt_en":"Supplies AI custom-ASIC design/production to AI·HPC custom-chip customers."}]},{"direction":"cost","counterparty":"부품·소재·R&D (비공개)","counterparty_slug":null,"confidence":"low","metric":{"type":"qualifier","value":null,"qualifier":"confirmed_no_disclosed_value"},"note":"제조용 부품·소재·R&D(비공개).","note_en":"Parts, materials and R&D (undisclosed).","sources":[{"stance":"confirms","publisher":"Alchip","publisher_en":"Alchip","kind":"ir","lang":"en","published_at":"2025-01-01","url":"https://www.alchip.com/en/Newsroom/AI_Elevates_Production_Managements_Importance","title":"Alchip, AI ASIC 밸류체인","title_en":"Alchip on the AI ASIC value chain","excerpt":"제조용 부품·소재·R&D(비공개).","excerpt_en":"Parts, materials and R&D (undisclosed)."}]},{"direction":"cost","counterparty":"설비·인프라 (비공개)","counterparty_slug":null,"confidence":"low","metric":{"type":"qualifier","value":null,"qualifier":"confirmed_no_disclosed_value"},"note":"설비·인프라 투자(비공개).","note_en":"Equipment and infrastructure (undisclosed).","sources":[{"stance":"confirms","publisher":"Alchip","publisher_en":"Alchip","kind":"ir","lang":"en","published_at":"2025-01-01","url":"https://www.alchip.com/en/Newsroom/AI_Elevates_Production_Managements_Importance","title":"Alchip, AI ASIC 밸류체인","title_en":"Alchip on the AI ASIC value chain","excerpt":"설비·인프라 투자(비공개).","excerpt_en":"Equipment and infrastructure (undisclosed)."}]}]}