Nick Cheng

Hong Kong, Telecommunications

+852 3767 8750

Nick joined Edison’s team in March of 2022. Before joining Jefferies, Nick started his career as an IC Physical Design Engineer and Advanced Chip Design Consultant with TSMC, working with top clients such as Apple, MTK and Huawei on their advanced node IC design process, and with top EDA players like Synopsys and Cadence to develop EDA tools. After that, he spent three years in mainland China and working on a Harvard-med spin-off wearable startup before he went for MBA.
Nick obtained his B.Eng degree (First Honors) in Electrical Engineering at Hong Kong University of Science and Technology, and an MBA (finance and private equity dual concentration) at London Business School.

What I am Known For

  • In-depth understanding of technology hardware and semiconductor industry
  • Deep and differentiated understanding of TSMC, its technologies and latest development of advanced-node-products
  • Wide range of resources in semiconductor industry and Taiwan to monitor the supply chain dynamics
  • Quick understanding of cutting-edge semiconductor technologies and latest development with engineer’s knowledge background
  • Strong connection in the industry to help arrange bespoke meetings

How I am Different

  • Understanding and analyzing semiconductor sector from a very engineer viewpoint
  • Providing detailed technology teach-in that help investors understand industry dynamics
  • Market leader in analyzing AI and related IC design technology trend

Key Research Highlights

  • Taiwan IC Design Service Initiation; with IC Design Deep Dive (https://javatar.bluematrix.com/pdf/lHBwKaEs) 11 Oct 2023
  • Anti-consensus call on Maxscend downgrade (Share Loss at Samsung Amid Geopolitical Tensions; Downgrade to Hold) 17 June 2024 https://javatar.bluematrix.com/pdf/nNGpf1nD)
  • Bullish on ACMR and stock price +41% the day after earnings (4Q23 EPS Beat Cons by >100%; Strong China Capex Continues) (https://javatar.bluematrix.com/pdf/gWOjzIVo) 28 Feb 2024
  • First on the street in-depth discussion on superconductor (LK-99 Room-Temp Superconductor; Commercialization Still Needs Effort) https://javatar.bluematrix.com/pdf/6ANDSNey) 2 Aug 2023

Corporate & Strategic Access

  • China Semiconductor Localization Trip – Mar 2024.
  • China smartphone expert calls – Mar/Jul 2024.
  • Asia Key Semi Supplier Trip – May 2024.
  • Computex Trip – Jun 2024.
  • China AI expert calls – Jul 2024.
  • SEMICON Taiwan Trip – Sep 2024.
  • China semi and hardware trip – Sep 2024.
  • China Expert Day: Technology – Nov 2024.