Pure-Play Ai Chip-Related “Fab” Stocks Were Actually DOWN In 2024

An Introduction

There are 5 steps in developing and producing computer chips, part of the Ai hardware category. They are grouped into 5 portfolios below with information on how each of their constituents performed in 2024, in descending order, as follows:

1. The Pure-Play Semiconductor Foundries Portfolio: UP 46.6% in 2024
   • it consist of factories (called foundries in semiconductor jargon) that concentrate all their efforts in the manufacturing of chips based on the designs provided by other semiconductor companies.
   • its 4 constituents performed as follows: Taiwan Semiconductor (+89.9%); Tower Semiconductor (+68.8%); United Microelectronics (-23.3%); and GlobalFoundries (-29.2%).
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     • a live chart (updated minute-by-minute) of each constituent in the portfolio
2. The Pure-Play Fabless Semiconductor Stocks Portfolio: UP 17.3% in 2024
   • it consists of companies that outsource the fabrication (or fab) of chips to specialized foundries while designing and selling the chips themselves.
   • its 6 constituents performed as follows: Nvidia (+171.0%); Marvell (+83.1%); Broadcom (+63.7%); Qualcomm (+6.2%);  Monolithic Power Systems (-7.8%); and Advanced Micro Devices (-18.3%).
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     • a live chart (updated minute-by-minute) of each constituent in the portfolio
3. The EDA Software Chip Design Stocks Portfolio: UP 6.6% in 2024
   • its constituents are involved exclusively (i.e. pure-play) in the custom design of complex semiconductor chips using sophisticated electronic design automation (EDA) software.
   • its 2 constituents performed as follows: Cadence Design Systems (+35.1%) and Synopsys (-5.7%).
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     • a live chart (updated minute-by-minute) of each constituent in the portfolio (Not yet available)
4. The Pure-Play Semiconductor Supplier Stocks Portfolio: UP 2.4% in 2024
   • its constituents provide essential equipment for manufacturing chips such as lithography machines, etching, test and packaging equipment, automation and inspection systems and production materials such as chemicals, gases, wafers and packaging.
   • its 5 constituents performed as follows: KLAC Corp. (+8.4%); Applied Materials (+0.3%); Lam Research (-7.8%); ASML Holding (-8.4%); and Entegris (-17.3%).
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     • a live chart (updated minute-by-minute) of each constituent in the portfolio (Not yet available)
5. The Pure-Play Outsourced Semiconductor Assembly and Test Stocks Portfolio: DOWN 13.9% in 2024
   • it consists of companies that assemble chips into finished semiconductor components, tests for defects and do the very specialized packaging of the chips for shipping assembly.
   • its 2 constituents perform as follows: ASE Technology (+7.0%); and Amkor Technology (-22.8%).
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On average, these 5 portfolios were DOWN 2.4% in 2024.

In addition, there are 2 other portfolios in the Ai hardware category:

1. The Integrated Device Manufacturers (IDM) Portfolio: DOWN 10.0% in 2024
   • it consists of companies that do everything themselves, i.e. are not pure-play, to control the entire production process.
   • its constituents performed as follows: Texas Instruments (+9.4%); Analog Devices (+7.0%); Micron Technology (-1.4%);  NXP Semiconductors (-9.5%); Infineon Technologies (-22.5%); Microchip Technology (-36.4%); STMicroelectronics (-50.2%); and Intel Corp. (-60.1%).
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     • a live chart (updated minute-by-minute) of each constituent in the portfolio (Not yet available)
2. .The Pure-Play Quantum Computing Stocks Portfolio: UP 440.8% in 2024
   • it consists of companies involved exclusively in the research and development of quantum computers.
   • its 4 constituents performed as follows:
   • Quantum Computing Inc. (+1,718.7%); Rigetti Computing (+1,446.9%); D-Wave Computing (+854.5%); and IonQ (+237.1%).
   • Go HERE for:
     • a live chart (updated minute-by-minute) of each constituent in the portfolio (Not yet available)

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