Faraday lifts revenue on ASIC and MCU demand as AI delays push projects back

Faraday Technology reported stronger-than-expected second quarter 2026 results, with consolidated revenue rising to NT$3.31 billion and net profit reaching NT$200 million. The ASIC design services and silicon IP provider said the improvement came from higher volume production in ASIC and microcontroller (MCU) businesses, along with continued growth in intellectual property licensing.