Semiconductor manufacturing

Semiconductor manufacturing
  • Pininvest Analysis

Taking a long view, semiconductor equipment manufacturing is at commanding heights, with a very select club of companies capable of the most complex technological feats in R&D and production. Their clients, the chip-makers with the financial – and technical- ability to build the mega-factories for the new generations of chips, are in effect partners in a shared effort 

With tens of billions of dollars at stake, and only very few players on either side, this great game is a technological race in the shadows of geopolitical strategies, protective of national interests.

Manufacturing has become a vastly concentrated affair with 10 firms securing over 90% of worldwide sales and the top 5 manufacturers – Applied Materials [asset ticker="AMAT" mnemonic="NASDAQ"] (US), LAM Research  [asset ticker="LRCX" mnemonic="NASDAQ"] (US), Tokyo Electron [asset ticker="TOELY" mnemonic="OTC"] (Japan), ASML [asset ticker="ASML" mnemonic="NASDAQ"] (Netherlands) and KLA Tencor [asset ticker="KLAC" mnemonic="NASDAQ"] (US)  – responsible for more than 2/3 of world turnover 

Our theme is focused on best-known and very large specialized firms involved in the manufacturing process

With one exception (KLA-Tencor) included on the production-side of manufacturing because of its size, quality control systems, the metrology/inspection equipment specialists, which are ultimately responsible for reliable output, have been set aside in a theme dedicated to 'Precision measurement' 

Read our notes

Semiconductor manufacturing • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Momentum Vol. Risk Contrib. MDD
 
Amkor Technology AMKR NASDAQ Technology Semiconductors - Outsourced Services USD 24.64 6.0 B 82.1 % Neutral 53 %   9 % -31 %
Applied Materials AMAT NASDAQ Technology Semiconductors – CapitalEqupt USD 139.93 128 B 118.2 % Neutral 43 %   9 % -20 %
ASE Technology Holding ASX NYSE Technology Semiconductors - Outsourced Services USD 8.87 7.7 B 78.8 % Neutral 40 %   6 % -21 %
ASM International ASMIY OTC Technology Semiconductors – Lithography USD 361.40 - 141.7 % Weak Up 42 %   5 % -20 %
ASM Pacific Technology ASMVY OTC Technology Semiconductors – CapitalEqupt USD 38.72 - 19.4 % Neutral 45 %   3 % -29 %
ASML Holding (ADR) ASML NASDAQ Technology Semiconductors – Lithography USD 766.74 318 B 117.2 % Weak Up 36 %   7 % -17 %
Cadence Design Systems CDNS NASDAQ Technology Software - Product Development USD 147.65 41 B 35.1 % Weak Up 34 %   5 % -19 %
Canon CAJ NYSE Technology Printing Imaging & Optical Lenses USD 23.08 25 B 47.6 % Neutral 31 %   2 % -11 %
Entegris ENTG NASDAQ Technology Semiconductors - Process Equipt USD 120.64 16 B 68.1 % Neutral 38 %   7 % -17 %
KLA-Tencor KLAC NASDAQ Technology Semiconductors – Metrology & TestEquipt USD 348.16 54 B 75.6 % Neutral 42 %   8 % -19 %
Kulicke and Soffa Industries KLIC NASDAQ Technology Semiconductors – CapitalEqupt USD 54.36 3.4 B 131.1 % Weak Down 48 %   7 % -26 %
Lam Research Corporation LRCX NASDAQ Technology Semiconductors – CapitalEqupt USD 637.41 91 B 70.4 % Neutral 44 %   9 % -16 %
Nikon ADR NINOY OTC Technology Printing Imaging & Optical Lenses USD 9.23 - 33.2 % Weak Down 41 %   3 % -21 %
Teradyne TER NASDAQ Technology Semiconductors – Metrology & TestEquipt USD 127.00 21 B 43.2 % Neutral 43 %   8 % -27 %
Tokyo Electron TOELY OTC Technology Semiconductors – CapitalEqupt USD 104.25 - 51.7 % Weak Down 34 %   5 % -15 %
Veeco Instruments VECO NASDAQ Technology Semiconductors - Process Equipt USD 23.20 1.2 B 71.6 % Neutral 41 %   6 % -18 %