November 9, 2026 / SemiMedia / — Vanguard International Semiconductor (VIS) expects its blended wafer average selling price to rise another 3% to 5% in the fourth quarter, while wafer shipments are forecast to increase just 0% to 2%. Strong demand for power management products is supporting pricing, but equipment bottlenecks are limiting output growth.

Vice President and Chief Financial Officer Amanda Huang said customer demand remained robust. VIS forecasts a fourth quarter gross margin of 34% to 36%, based on an average exchange rate of NT$32 per US dollar, compared with 33.6% in the third quarter.

The foundry reported third quarter revenue of NT$15.702 billion on November 6, up 10.2% from the previous quarter. Net income attributable to shareholders of the parent reached NT$3.099 billion, compared with NT$2.975 billion a quarter earlier, with earnings per share of NT$1.62.

Third quarter wafer shipments rose approximately 5% sequentially and blended ASP increased about 3%. Higher shipment volumes and an improved product mix helped lift gross margin by 1.3 percentage points. The company described its overall results as consistent with its earlier guidance.

Power management products accounted for 82% of third quarter revenue, up from 77% in the second quarter, supported by AI server and smartphone applications. VIS expects capacity utilization to edge above 90% in the fourth quarter, following approximately 90% in the third.