Nuvoton Technology Corporation · TWSE:4919
Nuvoton Technology — Q1 2026 Earnings Presentation
26 slides from Nuvoton Technology's earnings presentation, May 5, 2026
Slide 1: Nuvoton Technology Corporation 1Q'26 Investor Conference
Nuvoton Technology Corporation 1Q’26 Investor Conference May 5, 2026
Slide 2: Agenda
Agenda Nuvoton Financial Results Nuvoton 1Q’26 Business Update AI Computing Solutions & Physical AI-Driven XR Q&A
Slide 3: Safe Harbor Notice
Safe Harbor Notice ❖ We have made forward-looking statements in this presentation. Our forward-looking statements contain information regarding, among other things, our financial condition, future expansion plans and business strategies. We have based these forward-looking statements on our current
Slide 4: Nuvoton Financial Results
Toy of innovation AnuUuUVvVOoOTOMN Nuvoton Financial Results
Slide 5: Statement of Comprehensive Income - Consolidated
Statement of Comprehensive Income - Consolidated 1Q’26 4Q’25 QoQ Unit: NT$ M Amount % Amount % Amount % Net Revenue 7,988 100 7,040 100 948 - Gross Profit 3,142 39.3 2,413 34.3 729 5 Operating Income (112) (1) (684) (10) 572 9 Non-Operating Income 283 3 22 - 261 3 Income before Income Tax 172 2 (662
Slide 6: Balance Sheet - Consolidated
Balance Sheet - Consolidated Mar 31 ’26 Dec 31 ’25 QoQ Unit: NT$ M Amount % Amount % Amount % Cash & Cash Equivalents 7,069 23 7,203 24 (134) (1) Accounts Receivable 4,678 15 3,964 13 714 2 Other Receivable 392 1 318 1 74 - Inventories 6,334 21 6,217 21 117 - Long-Term Investments 2,757 9 2,722 9 35
Slide 7: Statement of Cash Flows - Consolidated
Statement of Cash Flows - Consolidated 1Q’26 4Q’25 3Q’25 Unit: NT$ M Amount Amount Amount Cash Flows from Operating Activities (688) 349 58 Cash Flows from Investing Activities 44 (395) (124) Cash Flows from Financing Activities 440 (2,331) (242) Cash & Cash Equivalents 7,069 7,203 9,584
Slide 8: Nuvoton 1Q'26 Business Update
Nuvoton 1Q’26 Business Update
Slide 9: 1Q'26 Revenue by Key Applications
1Q’26 Revenue by Key Applications 1Q’26 4Q’25 Automotive& Industrial AI & Computing 28% 35% 39% 38% 11% 23% 11% Communication & Others 15% Consumer Note: Foundry revenue was not included in the numbers .
Slide 10: Nuvoton 1Q'26 Business Update (1)
Nuvoton 1Q’26 Business Update (1) AI & Computing ❖ We have observed ongoing AI application demand, with customers actively deploying AI servers, reflected in the business performance of our BMC products ❖ The expansion of AI servers is accelerating BBU (Battery Backup Unit) adoption to ensure power
Slide 11: Nuvoton 1Q'26 Business Update (2)
Nuvoton 1Q’26 Business Update (2) Automotive & Industrial ❖ Design win of the 4th-generation BM-IC for a new hybrid electric vehicle (HEV) platform with a Japanese customer ❖ Design win of the 4th-generation HMI-IC for two-wheeler TFT meter applications, deployed in a leading Japanese motorcycle bra
Slide 12: AI Computing Solutions & Physical AI-Driven XR
AI Computing Solutions & Physical AI-Driven XR Ken Su May 2026
Slide 13: Agenda Overview
AGENDA OVERVIEW • AI Computing Market Overview • Nuvoton AI Computing portfolio • Physical AI - XR Market Overview • Nuvoton Bridge-IC solutions
Slide 14: Growth in Compute Density and Implications for Hardware Demand
GROWTH IN COMPUTE DENSITY AND IMPLICATIONS FOR HARDWARE DEMAND GPU Density Growth GPU counts per rack are increasing eightfold from 72 to 576 between 2024 and 2028, reflecting rapid compute capacity growth. CPU Density Increase CPU counts per rack also increase eightfold from 36 to 288, showing simi
Slide 15: Increasing Component Count per Rack and Impact on BMC Demand
INCREASING COMPONENT COUNT PER RACK AND IMPACT ON BMC DEMAND BMC Count Growth BMC units per rack are expected to increase from 80 to 120 as component density rises, reflecting scaling demands. Modular Tray Expansion Each new GPU, switch, power, or network tray requires its own BMC, contributing to o
Slide 16: Rack Power Scaling and Increased Demand for Advanced Cooling Solutions
RACK POWER SCALING AND INCREASED DEMAND FOR ADVANCED COOLING SOLUTIONS Rack Power Consumption Increase Rack power demand is projected to increase from 120 kW in 2024 to 1,000 kW by 2028, an 8.3 times rise. Higher performance MCU needed for new PSU topology and power efficiency Cooling Demand Scaling
Slide 17: Business Expansion Potential for BMIC, MCU, and Fan Motor
BUSINESS EXPANSION POTENTIAL FOR BMIC, MCU, AND FAN MOTOR Rack Power Growth Rack power is increasing from 120 kW to 1,000 kW, representing an 8.3 times growth in energy demand. Higher performance MCU is needed for new Power Topology and higher power efficiency. BMIC in BBU BBU becomes mandatory to w
Slide 18: PCIe Opportunity: Bandwidth, Retimers, and Critical Role in Total System Communication
PCIe OPPORTUNITY: BANDWIDTH, RETIMERS, AND CRITICAL ROLE IN TOTAL SYSTEM COMMUNICATION Increasing PCIe Link Speeds PCIe link speeds are advancing from 5.0 to 7.0, enhancing data transfer rates significantly. Bandwidth Growth per DPU Bandwidth per Data Processing Unit is doubling from 400 to 800 Gb/s
Slide 19: Nuvoton Component Portfolio and Resilient Demand in AI Infrastructure
NUVOTON COMPONENT PORTFOLIO AND RESILIENT DEMAND IN AI INFRASTRUCTURE Essential Role of BMC BMC is mandatory in every rack to manage and monitor hardware for reliable AI infrastructure operation. Power Management MCU and BMIC in BBU BMIC ensures power management in server trays, critical for continu
Slide 20: Physical AI-Driven XR Market and Bridge-IC Solution
Physical AI-Driven XR Market and Bridge-IC Solution Innovative approaches to AI-powered AR and VR solutions
Slide 21: XR Market Overview: AR/VR Growth Driven by AI
XR MARKET OVERVIEW: AR/VR GROWTH DRIVEN BY AI AI Integration in XR AI enhances AR and VR devices by enabling intelligent, context-aware experiences beyond visualization. Shift from VR to AR Market momentum favors AR glasses that augment reality with digital and AI assistance, expanding use cases. Te
Slide 22: XR System Requirements and Architecture Evolution
XR SYSTEM REQUIREMENTS AND ARCHITECTURE EVOLUTION Increasing System Complexity XR devices require high-bandwidth, low-latency data paths to manage real-time video, sensor fusion, and rendering seamlessly. Integration of Multiple Sensors Modern XR platforms integrate cameras, microphones, motion sens
Slide 23: Bridge-IC Value Proposition for Scalable XR Platforms
BRIDGE-IC VALUE PROPOSITION FOR SCALABLE XR PLATFORMS Interface Decoupling and Abstraction Bridge-IC acts as an abstraction layer between processors and XR subsystems, decoupling interfaces for flexibility. Accelerated Time-to-Market Enables reuse of system designs across multiple generations, reduc
Slide 24: Bridge-IC Roadmap: Gen1 to Gen3 Evolution
BRIDGE-IC ROADMAP: GEN1 TO GEN3 EVOLUTION Gen1 Foundation Gen1 establishes the foundational bridge architecture for XR, enabling early market entry and ecosystem engagement. Gen2 AI Integration Gen2 enhances system capabilities with AI support, aligning with intelligent AR and AI assistant trends. G
Slide 25: Strategic Positioning in the XR Ecosystem
STRATEGIC POSITIONING IN THE XR ECOSYSTEM Platform-Level Enablement Nuvoton focuses on platform-level technology to enhance competitiveness beyond single-function components. Multi-Generation Roadmap The Bridge-IC roadmap ensures customer confidence through continuity and long- term support. Alignme
Slide 26: Questions & Answers
Questions & Answers Nuvoton Company Website: www.nuvoton.com