What's the best part of the semiconductor supply chain to invest in?
I ran some quality growth metrics for each part. Here are some helpful findings:
- CAPEX: The highest capital expenditure is found in the fabs (so $Taiwan Semiconductor Manufacturing(TSM)$ $GLOBALFOUNDRIES Inc.(GFS)$ ). Although high levels are also found with chip designers.
- SBC: High levels are found particularly with the EDAs (so $Cadence Design(CDNS)$ and $Synopsys(SNPS)$ ), and also some of the designers ( $NVIDIA Corp(NVDA)$ ).
- ROC: High levels are found with the EDAs and equipment manufacturers.
- Growth: High rev growth found primarily with Logic & GPU designers (so NVIDIA).
For me personally, I continue to hold NVIDIA, Cadence, $Applied Materials(AMAT)$ and $KLA-Tencor(KLAC)$ .
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