10 June 2026 | 10:54AM JST Equity Research SUMCO (3436.T): Formosa SUMCO monthly data: May sales confirm recovery and expansion trend; Buy SUMCO's Taiwan subsidiary (FST) disclosed its May 2026 monthly sales. Revenue reached NT$1,218mn, up 24% YoY, confirming strong top-line growth. Supported by a reversal in prior inventory destocking trends—partly driven by Middle East disruptions—and strong AI server demand, the recovery is evident across both advanced and legacy nodes. Following growth of +16% YoY in Ma ...