Semiconductor equipment spend accelerating globally as CHIPS Act and European Chips Act drive fab construction. Picks-and-shovels beneficiary — less Taiwan binary risk than fabless designers.
| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| AMD | Advanced Micro Devices, Inc. | 59 | +14% | ↓5% | EARLY |
| AMAT | Applied Materials, Inc. | 59 | +9% | ↓5% | EARLY |
| ARM | Arm Holdings plc | 59 | +17% | ↓5% | EARLY |
| ONTO | Onto Innovation Inc. | 59 | +17% | ↓5% | EARLY |
| ON | ON Semiconductor Corporation | 59 | -12% | ↓5% | AVOID |
| STM | STMicroelectronics N.V. | 59 | +12% | ↓5% | NEUTRAL |
| MU | Micron Technology, Inc. | 59 | +16% | ↓5% | EARLY |
EU Chips Act: EU43B facility approvals — AMAT equipment in 6 of 8 announced sites
Estimates · Yahoo Finance · Not audited figures