Company library · Semis & Hardware
Semis & Hardware: the moats, the numbers, the verdicts.
40 companies covered. Every report re-run after the latest earnings.
Applied Optoelectronics, Inc. AAOI
The bet you're really making is that Amazon and the other giant cloud companies keep buying Applied Optoelectronics' optical transceivers, the laser-based plugs that move data as l
The bet you're really making is that the world keeps needing more of the tiny Analog Devices chips that turn real-world signals, heat, motion, sound, electricity, into numbers a co
Astera Labs, Inc. Common Stock ALAB
The bet you're really making is that the companies building AI data centers keep buying Astera's small chips that keep the signal clean between the expensive AI processors. You're
The bet you're really making is that the world's biggest chipmakers keep buying more of Applied's machines every year to build the transistors inside AI chips, and keep paying up f
Advanced Micro Devices, Inc. AMD
The bet you're really making is that AMD becomes the clear second source for the chips that train and run AI, the Instinct accelerators that go up against Nvidia. You're betting th
The bet you're really making is that the big cloud companies keep spending more every year to build AI data centers, and keep buying Arista's switches to wire the chips together. U
The bet you're really making is that the companies building AI data centers keep spending more every year, and keep buying Amphenol's cables and connectors, the physical parts that
The bet you're really making is that the world keeps building AI chips, and that anyone making the most advanced ones has to buy ASML's machines, because nobody else on Earth build
The bet you're really making is that the giant cloud companies keep buying Broadcom's custom AI chips and the switches that wire those chips together. Underneath that, you're betti
The bet you're really making is that Canaan keeps selling enough Bitcoin mining computers, and mining enough Bitcoin on its own, to stop burning through its cash before the cash ru
The bet you're really making is that factories, warehouses and chip plants keep buying more of Cognex's cameras, the ones that let a machine see a part, read a barcode and catch a
The bet you're really making is that the giant cloud companies keep pouring money into AI data centers, and keep paying Celestica to build the networking switches and servers that
The bet you're really making is that the giant AI datacenters keep buying more of Coherent's optical parts, the tiny transceivers that move data between chips as pulses of light. Y
Credo Technology Group Holding Ltd CRDO
The bet you're really making is that the big cloud companies keep building AI data centers and keep buying Credo's smart copper cables to wire the racks of chips together. Undernea
The bet you're really making is that companies keep building bigger computer networks, and keep buying Cisco's switches, routers and security software to run them, now with AI data
Intel pays Lip-Bu Tan to grow revenue, hold spending down and beat the S&P 500, and his March 2025 awards are worth roughly $640 million at maximum against the $66 million the boar
The bet you're really making is that quantum computers stop being lab experiments and start doing paid work, and that IonQ's trapped-ion machines, the kind Amazon and Nvidia alread
The bet you're really making is that the United States military keeps buying laser weapons and nLIGHT is one of the few American companies that builds the complete laser system its
The bet you're really making is that the world keeps building more memory and AI chips, and keeps buying Lam's machines to etch and layer them, because almost no one else can carve
Microchip Technology Incorporated MCHP
The bet you're really making is that the world's factories, cars, and machines go back to buying Microchip's little control chips at the pace they did before customers stopped orde
The bet you're really making is that Amazon, Microsoft and Google keep hiring Marvell to design the custom chips inside their AI computers, and keep buying its parts to shuttle dat
The bet you're really making is that the world's AI data centers keep buying every memory chip Micron can make, and keep paying up for the special memory stacked right next to the
The bet you're really making is that Nokia's newer gear, the optical and internet-routing boxes that wire AI data centers together, grows fast enough to outrun its old, shrinking c
The bet you're really making is that the giant cloud companies keep spending more every year on AI data centers, and keep buying NVIDIA's chips to fill them. Underneath that, you'r
ON Semiconductor Corporation ON
The bet you're really making is that carmakers keep building electric and hybrid cars and keep buying onsemi's silicon carbide chips, the parts that carry power from the battery to
The bet you're really making is that Ondas turns a pile of just-bought drone and defense companies into one real business selling autonomous drones and counter-drone systems to gov
The bet you're really making is that chipmakers keep needing ONTO's machines to inspect and measure chips as they get stacked into the dense packages that AI computers run on. You'
The bet you're really making is that the three largest cloud operators keep ripping out their spinning hard drives and replacing them with Pure's flash arrays at a scale nobody has
The bet you're really making is that companies keep paying D-Wave to solve hard scheduling and logistics problems with its quantum machines, and that a handful of paying customers
The bet you're really making is that Qualcomm keeps putting the Snapdragon application processor and cellular modem inside the world's Android phones, and keeps collecting a fee on
Quantinuum Inc. Class A Common Stock QNT
The bet you're really making is that quantum computing becomes a real business, and that Quantinuum's machines, which trap single atoms with lasers to run the math, are the ones cu
The bet you're really making is that the world keeps building AI data centers, and keeps buying SK Hynix's memory chips to feed the processors that run those models. You're betting
Super Micro Computer, Inc. SMCI
The bet you're really making is that the world keeps buying Super Micro's AI servers, the refrigerator-sized racks of Nvidia chips that run ChatGPT and its rivals, as fast as the c
The bet you're really making is that the AI data center boom keeps NAND flash memory chips scarce, so SanDisk's storage drives and cards keep selling at today's high prices instead
The bet you're really making is that the world's cars and factories start buying STMicroelectronics chips again, after two years of working off old stock, and that a fresh pile of
Seagate Technology Holdings plc STX
The bet you're really making is that cloud companies keep needing somewhere cheap to store an exploding pile of data, and that spinning hard drives stay the cheapest place to put i
Teledyne Technologies Incorporated TDY
The bet you're really making is that Teledyne keeps buying up small, hard-to-copy makers of sensors, cameras and test gear, folding them in, and using the cash they throw off to bu
Taiwan Semiconductor Manufacturing Company Limited TSM
The bet you're really making is that the world keeps needing more of the most advanced computer chips, and that almost nobody but TSMC can make them. Underneath that, you're bettin
Western Digital Corporation WDC
The bet you're really making is that the big cloud companies keep buying more high-capacity hard drives to hold the flood of data their AI systems create, and that Western Digital,
The bet you're really making is that electric cars and AI data centers keep needing more silicon carbide, a semiconductor material that handles higher voltage and heat than standar