Kuala Lumpur, 28 August 2026 – UWC Bhd has emerged as a closely watched Malaysian proxy for the global semiconductor capital-expenditure cycle, with a newly published initiation report assigning the stock an Add call and a RM9.13 target price. The valuation implies 35.7% upside from the referenced RM6.73 market price.
The investment case rests on accelerating demand for wafer-fabrication equipment, back-end testing systems and components used across logic and memory production. Forecast earnings per share are projected to expand at a compound annual rate of 48% between FY2026 and FY2029, substantially faster than the growth anticipated for local peers.
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