Applied Materials, ASML, KLA, and Lam Research have all seen recent stock pullbacks despite leading in semiconductor equipment for AI infrastructure. Lam Research shows the strongest revenue growth but has high China exposure, posing geopolitical risks. ASML commands a monopoly in EUV lithography with a rich valuation and a strong backlog, making it ideal for long-term investors. KLA offers a balance of income, margin quality, and lower China risk, favored for retirees seeking stability. Applied Materials lags in growth and needs to prove revenue recovery.
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
