Nvidia's strategic moves
$英伟达(NVDA)$ AI dominance is creating a massive opportunity well beyond Nvidia itself as billions flow through foundry, HBM, testing, packaging and server assembly
Here’s who has the most exposure to Nvidia today:
•$台积电(TSM)$ 37%
•$SK海力士(SKHY)$ 27%
•$美光科技(MU)$ 14%
•$泰瑞达(TER)$ 8%
•$日月光半导体(ASX)$ 3%
•$Fabrinet(FN)$ 1%
•$艾马克技术公司(AMKR)$ 1%
•$思科(CSCO)$ 1%
I also think the wild part is that Nvidia now spends more on HBM than on the wafers themselves and roughly a quarter of its revenue equivalent on test equipment which says a lot about how important memory, yield and validation have become at these die sizes.
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- KittyBruno·08-26 21:22TSM at 37% matters, but the bigger question is whether that exposure is already priced. Foundry multiples still look way less stretched than pure AI names.LikeReport
- vibzee·08-26 21:22HBM and test spend overtaking wafers is the real signal here, memory bandwidth and yield are deciding this race more than process nowLikeReport
- Black83black·05:32😅😅😅💪🏻💪🏻LikeReport