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
66
0–100 composite
Today
+0.78%
cap-weighted
MTD
+3.73%
month-to-date
YTD
+36.21%
year trend
Tracked Cap
14.07T
14 names

Price Explorer

$225.30+0.54%
Why it matters

GPUs & custom silicon for training and inference.

2026 capex / spend$165B
Breadth advancing79%

Semiconductors · Constituents

CompanyLastChange
NVDA
NVIDIA Corp.
$225.30+0.54%
TSM
Taiwan Semiconductor
$430.49+0.31%
AVGO
Broadcom Inc.
$417.82+0.43%
ASML
ASML Holding
$1,847.90+2.09%
AMD
Advanced Micro Devices
$483.01+0.02%
MU
Micron Technology
$949.83+4.23%
ARM
Arm Holdings
$278.65+2.49%
MRVL
Marvell Technology
$222.18+2.35%
AMAT
Applied Materials
$534.54-2.48%
LRCX
Lam Research
$337.01+3.34%
KLAC
KLA Corporation
$209.37+0.54%
QCOM
Qualcomm Inc.
$164.79+1.05%
TXN
Texas Instruments
$273.43-1.14%
CRDO
Credo Technology
$265.99-0.81%