Global Research ab 17 August 2026 Initiation of Coverage Chenbro Micom The backbone of AI server/rack; initiate at Buy Beneficiary of expanding server chassis and rack TAM We initiate coverage of Chenbro Micom (Chenbro) with a Buy rating and a NT$1,450 price target. Chenbro, a major global chassis supplier with design and manufacturing expertise in mechanical components and strong customer relationships, should benefit from AI deployment, which is likely to drive higher chassis content and an expanded TAM t ...