AI Value ChainSupply constrained
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.
Momentum
410–100 composite
Today
-1.14%cap-weighted
MTD
+6.69%month-to-date
YTD
+20.71%year trend
Tracked Cap
13.83T14 names
Price Explorer
$224.62-0.75%
Why it matters
GPUs & custom silicon for training and inference.
2026 capex / spend$165B
Breadth advancing7%
Semiconductors · Constituents
| Company | Role | Weight | Last | Change | Mkt Cap | Trend |
|---|---|---|---|---|---|---|
NVDA NVIDIA Corp. | Core | $224.62 | -0.75% | |||
TSM Taiwan Semiconductor | Core | $441.61 | -0.62% | |||
AVGO Broadcom Inc. | Core | $353.22 | -0.43% | |||
ASML ASML Holding | Core | $1,714.39 | -2.05% | |||
AMD Advanced Micro Devices | Core | $586.60 | -1.29% | |||
MU Micron Technology | Core | $942.52 | -4.70% | |||
ARM Arm Holdings | Core | $247.77 | -2.93% | |||
MRVL Marvell Technology | Core | $259.47 | -2.40% | |||
AMAT Applied Materials | Enabler | $478.32 | -3.86% | |||
LRCX Lam Research | Enabler | $301.24 | -2.69% | |||
KLAC KLA Corporation | Enabler | $186.56 | -1.87% | |||
QCOM Qualcomm Inc. | Core | $176.70 | +1.30% | |||
TXN Texas Instruments | Adjacent | $281.45 | -0.10% | |||
CRDO Credo Technology | Enabler | $189.76 | -5.52% |