Semiconductor Industry

Semiconductor Industry
Components Performance/Risk
Period Return
87.2%
Return Rank
Strong
Risk Exposure
High Risk

According to November ’18 projections, ICInsights expects sales of the top-15 worldwide semiconductor companies for Integrated Circuits and O-S-D (optoelectronic, sensor, and discrete) to increase by 18% in 2018

Most industry leaders are included in our theme – with the major exceptions of Samsung Electronics (Seoul ticker 005930) and SK Hynix (Seoul ticker 000660) not accounted for because OTC pricing is unreliable (or unavailable)

TSMC (a foundry) and ‘fabless’ companies (Broadcom, Qualcomm and Nvidia) are part of the selection – resulting in possible double count of semiconductor sales

Overall, Samsung Electronics is leading the industry with a 15.9% market share as of Q2-2018, followed by Intel (13.9%) and SK Hynix (7.9%)

The research highlights the three largest memory suppliers—Samsung, SK Hynix, and Micron—forecasted to grow sales by more than 25% in 2018 with SK Hynix surging by 41%

With subdued January '19 projections from Samsung and others, these assumptions may have been over-optimistic

Theme Components
Name
Ticker
Sector
Industry
Cur. Price
Mkt. Cap
Performance
Momentum
Risk Rank
Risk Contrib
 
Broadcom AVGO TechnologyDatacom, Telcom & Network Equipt354.731,682 B0.4% Neutral Average Risk
Intel INTC TechnologySemiconductors - Broad Line101.35506 B172.3% Neutral High Risk
Texas Instruments TXN TechnologySemiconductors - Broad Line281.74256 B67.5% Weak Up Average Risk
Micron Technology MU TechnologySemiconductors - Specialized989.041,113 B413.7% Neutral High Risk
STMicroelectronics (ADR) STM TechnologySemiconductors - Specialized50.4845 B77.6% Neutral Above Average
Infineon Technologies (ADR) IFNNY TechnologySemiconductors - Specialized63.87-68.9% Neutral Above Average
NVIDIA NVDA TechnologySemiconductors - IC Design (fabless)226.325,500 B20.6% Weak Up Average Risk
Qualcomm QCOM TechnologySemiconductors - IC Design (fabless)174.43186 B11.8% Neutral Above Average
NXP Semiconductors NXPI TechnologySemiconductors - Signal Processing225.2157 B6.8% Neutral Above Average
Taiwan Semiconductor (ADR) TSM TechnologySemiconductors - Foundry444.352,305 B48.8% Weak Up Average Risk
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