AI Value Chain
Layer 2 of 6

Semiconductors

GPUs, accelerators, memory and the equipment that fabricates them. This is the maximum-activity zone of the chain — NVIDIA-era systems, not just chips, with demand running well ahead of supply.

Supply constrained
Momentum
60
0–100 composite
Today
+0.52%
cap-weighted
MTD
+2.80%
month-to-date
YTD
+58.43%
year trend
Tracked Cap
13.76T
14 names

Price Explorer

$205.19+0.16%
Why it matters

GPUs & custom silicon for training and inference.

2026 capex / spend$165B
Breadth advancing64%

Semiconductors · Constituents

CompanyLastChange
NVDA
NVIDIA Corp.
$205.19+0.16%
TSM
Taiwan Semiconductor
$423.93+0.68%
AVGO
Broadcom Inc.
$382.07-0.91%
ASML
ASML Holding
$1,863.55-1.89%
AMD
Advanced Micro Devices
$511.57+4.73%
MU
Micron Technology
$981.61-1.43%
ARM
Arm Holdings
$380.81+11.27%
MRVL
Marvell Technology
$279.70-0.36%
AMAT
Applied Materials
$567.25+2.64%
LRCX
Lam Research
$366.81+1.18%
KLAC
KLA Corporation
$254.54+5.55%
QCOM
Qualcomm Inc.
$211.72+4.32%
TXN
Texas Instruments
$301.12+1.35%
CRDO
Credo Technology
$250.81-5.27%