Powerchip hits daily limit after approving NT$0.23 cash dividend

Powerchip Semiconductor Manufacturing Corporation shares hit the daily limit in early Aug. 12 trading after the wafer foundry approved a cash dividend of NT$0.23 per share, totaling more than NT$1.08 billion, alongside first-half after-tax net profit of NT$17.52 billion and EPS of NT$4.08. The stock touched NT$73.7 and was at NT$73 by 10:00 a.m., up 8.96%, with volume surging to 270,000 lots. The ex-dividend date is Aug. 27, with investors needing to hold shares by Aug. 26 to qualify, and payment is due on Sept. 29. The board also confirmed Hsieh Tsai-chu as chairman while he remains CEO, succeeding founder Frank Huang after his death late last month, and Hsieh said the company will aim for annual profitability and annual dividends as long as demand and earnings hold up. July 2026 revenue climbed 70.54% from a year earlier to NT$6.67 billion, a nearly four-year high, lifting revenue for the first seven months to NT$37.53 billion, up 42.68%, as stronger customer demand, higher shipment volumes and product price adjustments supported the recovery. Analysts are now watching whether price hikes can further improve revenue and profitability and whether the recent growth pace can be sustained.

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