In this new weekly publication series we monitor trends in a pool of more than 40 equity themes. Every week we focus on one themes which have moved the most in the previous week relative to its usual trading pattern, and we provide an unbiased sample of companies within the theme.
The confidence in semiconductor stocks have been declining this year as the ongoing cost-of-living crisis have been hurting the industry. Additionally the US CHIPS Act is constraining the exports of semiconductor equipment to Chinese companies. However, semiconductor stocks presented a strong comeback last week in the rallying stock market. The chipmaker Lam Research posted a beat-and-raise quarter, and ASML reported sales guidance which beats estimates as well as stating that the impact from US curbs would be ‘fairly limited’.
The list below illustrates 10 companies from different areas of the theme, and the list is intended as inspiration only: