The increase in 2025 is primarily driven by two companies. TSMC, with plans to increase capex 34% y-o-y to between $38 ...

Jefferies upgraded Applied Materials (NASDAQ:AMAT) to Buy and downgraded KLA Corp to Hold amid shifting trends in semiconductor spending and evolving dynamics in China. The firm raised its 2025 wafer ...

“We raise our WFE estimate for 2025 as better DRAM and TSMC capex help offset a weakening China outlook and leading edge capex cuts from Intel and Samsung,” Jefferies noted. Jefferies upgraded ...

The hyperscalers are still pumping tens of billions into CapEx, keeping margins higheven for ... With Intel's foundry efforts taking a back seat and Samsung facing yield issues on its 3nm process, ...

as investors have yet to price in the growth optionalities from Intel and Samsung, even though TSMC’s recent $100B CapEx investments should have been enough to drive renewed vigor in ASML.