Saturday, March 11, 2017

My Watch List

This is a pretty fair representation of the publicly traded U.S. tech companies I follow on a regular basis.  The point here is to develop a reasonable representation of the electronics food chain - starting with the materials and moving through design tools, fabless designers, subsystems for manufacturing equipment, front end manufacturing equipment, integrated device manufacturers, foundries, back end manufacturing equipment, final assembly and test, printed circuit board manufacturing, subcontract manufacturing, distribution and final sale. That's not quite the end but it's close. There are important additions to any computing/network framework - like connectivity and software

I know, I've skipped some things but if you can piece this together you can probably get a pretty good feel for what is happening to the overall market for electronic products. Hopefully doing such a thing will keep you on the right side of any investment opportunities.

Revisions (additions and corrections), commentary about the overall health of the electronics food chain and the companies on this list will be written over the coming days.  For now, this list is going to be fixed on the front page of this site so readers can monitor any changes.

If you are interested in hearing more detailed thoughts please join the INFRASTRUCTURE subscriber mailing list.  Particulars can be found here:

Watchlist Update 3/11/17

Specialty Material Suppliers

Electronic Design Automation

Subsystem Component Suppliers

Cognex - CGNX
Coherent - COHR
Entegris - ENTG

Front End Semiconductor Capital Equipment

Aixtron - AIXG
Applied Materials - AMAT
Axcelis - ACLS
CVD Equipment - CVDE
KLA-Tencor - KLAC
Lam Research - LRCX
Nanometrics - NANO
Nova Measuring Instruments - NVMI
Orbotech Ltd. - ORBK
Rudolph Technologies - RTEC
Tokyo Electron - TOELY
Veeco Instruments - VECO

Back End Semiconductor Capital Equipment

Aehr Test - AEHR
Cohu - COHU
Electro Scientific Industries - ESIO
FormFactor - FORM
inTest - INTT
Kulicke & Soffa - KLIC
Teradyne - TER
Tessera - TSRA (soon to become part of Xperi)
Xcera - XCRA

Integrated Device Manufacturers

Analog Devices - ADI
Broadcomm - AVGO
Cirrus Logic - CRUS
Cypress Semiconductor - CY
Diodes Inc. - DIOD
Integrated Device Technology - IDTI
Intel - INTC
MACOM Technology Solutions - MTSI
Maxim Integrated Products - MXIM
Microchip - MCHP
Micron - MU
Microsemi - MSCC
Monolithic Power Systems - MPWR
Neophotonics - NPTN
NXP Semiconductors - NXPI
On Semiconductor - ON
Power Integrations -POWI
Qorvo - QRVO
Semtech - SMTC
Sensata Technologies - ST
Silicon Laboratories - SLAB
Skyworks - SWKS
STMicroelectronics - STM
Texas Instruments - TXN

Semiconductor Foundry

Taiwan Semiconductor - TSM
Tower Semiconductor - TSEM
United Microelectronics - UMC

Fabless Semiconductor Companies

Advanced Micro Devices - AMD
Qualcomm - QCOM
Rambus - RMBS
Silicon Motion - SIMO
Sigma Designs - SIGM

Outsourced Semiconductor Assembly and Test (OSAT)

Advanced Semiconductor Engineering - ASX
Amkor - AMKR
Silicon Precision - SPIL

Miscellaneous - (still to be categorized)

Microsoft - MSFT