AI Hardware

Watchlist source: watchlists/ai_hardware.txt (38 tickers, incl. ETFs).

Every name here is an AI-hardware thesis: compute, memory, interconnect, optics, equipment, or systems that ship the AI buildout. Subthemes below cross-cut the list and each has its own page under wiki/themes/ai_hardware/.

Subthemes

  • ai-accelerator — Custom training/inference silicon (GPUs, TPUs, Trainium-style ASICs, merchant AI accelerators). (4)
  • gpu — GPU-lineage programmable accelerators (NVDA, AMD). Subset of ai-accelerator but called out separately because the market views them distinctly. (2)
  • cpu — CPUs for datacenter, client, mobile (x86 + Arm). (4)
  • foundry — Wafer manufacturers (pure-play and specialty). (3)
  • memory — DRAM, HBM, NAND flash. (2)
  • semicap — Wafer-fab equipment: litho, deposition, etch, CMP, inspection, metrology. (6)
  • eda — Electronic design automation software + IP. (2)
  • optics — Optical transceivers, lasers, photonic integrated circuits, CPO, contract manufacturing of optical modules. (10)
  • networking — Ethernet switch silicon, networking DSPs, optical networking systems. (6)
  • interconnect — PCIe/CXL retimers, active cables, chiplet fabrics — the glue between accelerators. (3)
  • ai-systems — Rack/server OEMs shipping AI systems. (2)
  • analog-power — Analog, mixed-signal, power management — ties to auto/industrial cycles. (3)
  • materials — Compound semiconductor substrates (InP, GaAs, SiC). (1)
  • pcb — Printed circuit boards and advanced substrates. (1)

All names (alphabetical)

  • AAOI — Applied Optoelectronics — optics
  • ALAB — Astera Labs — interconnect
  • AMAT — Applied Materials — semicap
  • AMD — Advanced Micro Devices — ai-accelerator, gpu, cpu
  • ARM — Arm Holdings — cpu
  • ASML — ASML — semicap
  • AVGO — Broadcom — ai-accelerator, networking, optics
  • AXTI — AXT Inc — materials
  • CAMT — Camtek — semicap
  • CDNS — Cadence Design Systems — eda
  • CIEN — Ciena — optics, networking
  • COHR — Coherent Corp — optics
  • CRDO — Credo Technology — interconnect, optics
  • DELL — Dell Technologies — ai-systems
  • FN — Fabrinet — optics
  • INTC — Intel — cpu, foundry
  • KLAC — KLA Corporation — semicap
  • LITE — Lumentum — optics
  • LRCX — Lam Research — semicap
  • MRVL — Marvell Technology — ai-accelerator, networking, optics
  • MTSI — MACOM Technology — optics
  • MU — Micron Technology — memory
  • NTGR — Netgear — networking
  • NVDA — Nvidia — ai-accelerator, gpu, networking
  • NXPI — NXP Semiconductors — analog-power
  • ON — onsemi (ON Semiconductor) — analog-power
  • ONTO — Onto Innovation — semicap
  • QCOM — Qualcomm — cpu
  • SMCI — Super Micro Computer — ai-systems
  • SMH — VanEck Semiconductor ETF (ETF)
  • SMTC — Semtech — networking, interconnect
  • SNDK — SanDisk — memory
  • SNPS — Synopsys — eda
  • SOXL — Direxion Semiconductor Bull 3X ETF (ETF)
  • TSEM — Tower Semiconductor — foundry, optics
  • TSM — Taiwan Semiconductor Manufacturing — foundry
  • TTMI — TTM Technologies — pcb
  • TXN — Texas Instruments — analog-power

Not yet sub-classified

  • SMH — VanEck Semiconductor ETF (ETF)
  • SOXL — Direxion Semiconductor Bull 3X ETF (ETF)