America’s largest semiconductor companies:

1) Nvidia
2) Broadcom
3) AMD
4) Texas Instrument
5) Qualcomm
6) Intel
7) Applied Materials
8) Analog Devices
9) Lam Research
10) Micron

Thanks to visual capitalist for this awesome infographic.

The list below (only America) has a total market value of over US$2 Trillion. And it covers a broad range of spectrum… From chip designers to IDMs to frontend wafer fab equipment makers… to players specialising across many verticals from memory to telecommunications to automotive.

Interestingly, many of them have got offices and facilities in Malaysia! From the massive Lam Research new facility you pass by on mainland when you cross to the new Penang bridge toll, to AMD / Intel buildings on the island.

In Stockbit over the years, the community have shared some of the supply chain players of these giants.

From $INARI / 0166 (INARI AMERTRON BERHAD) and their main client Broadcom
$SAM / 9822 (SAM ENGINEERING & EQUIPMENT (M) BERHAD) and Applied Materials / KLA / Onsemi
$SGX-AWX AEM and Intel
$UWC / 5292 (UWC BERHAD) and it’s potential client Lam Research
$penta and clients like Onsemi (among others)

The list goes on and on.

In other words, whilst the current semiconductor trend is down in most parts (some in the AI trends are up), there’s so much value on the table, across different diversities - where, when the tide turn around once more, this is a sector that will probably has the most excitement in.

Economy and businesses goes in cycles. Key is to identify those who will ride the down cycle with least damage cos they’re fundamentally steady, and those who prepare themselves well for the next coming upcycle.