All themes
Semiconductors
296 managers wrote about this in 877 letters. Every passage below is copied verbatim from the letter it came from.
Share of letters mentioning it
- 2024 Q413% of 30
- 2025 Q135% of 40
- 2025 Q227% of 88
- 2025 Q334% of 88
- 2025 Q433% of 129
- 2026 Q139% of 137
- 2026 Q250% of 709
- 2026 Q337% of 878
- 2026 Q428% of 118
- Nakano Japan Growth FundNov 2026
Chief Portfolio Manager Jun Yamamoto Website: https://nakano-am.co.jp/ In the October Japanese stock market, while the sharp decline in AI and semiconductor-related stocks acted as a headwind, the overweight in the healthcare and daily necessities sectors proved effective, and the Fund secured performance exceeding TOPIX for the second consecutive month following September.
Read the letter → - Malborough Multi-AssetNov 2026
Japan MSCI Japan dropped 4.97%, as global falls in AI and semiconductor stocks hit heavyweight companies SoftBank Group and Tokyo Electron.
Read the letter → - Platinium AM Platinum TrustOct 2026
Our semiconductor stocks - particularly SK hynix and Samsung - continued to churn out profits and announced increased dividend payouts.
Read the letter → - AcatisOct 2026
Semiconductor outfitters benefited from rising investment expectations.
Read the letter → - Nakano World Growth FundOct 2026
Homepage: https://nakano-am.co.jp/ In October, AI semiconductor-related stocks, which had been calm for a while, led to a significant decline due to caution about the future of the AI investment boom.
Read the letter → This is while continuing to pursue large strategic programs in drug discovery, materials science and semiconductor manufacturing, such as a $500M contract with The Department of Commerce (described in more detail below).
Read the letter →- Somma Investimentos FundsOct 2026
On October 30, after disappointing results and outlooks from Intel and Amazon, Intel fell 28.6% and the Philadelphia semiconductor index retreated 7.2% on the day.
Read the letter → - AVI Japanese Special SituationsOct 2026
The shares fell amid repeated sell-offs across semiconductor and technology stocks during October.
Read the letter → - Asia Frontier Capital AFC Vietnam FundOct 2026
A particularly significant development is Samsung’s planned investment of nearly USD 6 billion in Vietnam’s semiconductor industry.
Read the letter → Largest detractors • Sinbon Electronics (-21%) – A design partner to a range of leading global companies, designing and assembling the complex cabling and electronic connectivity for high-value medical, electric vehicle, green energy and semiconductor manufacturing systems.
Read the letter →- BlueBox Global Technology FundOct 2026
There were exceptions in both directions: from our own portfolio, ServiceNow, although a software name, reported slowing backlog and lost 22% over the month; while analog chipmaker Texas Instruments rose 8%, as a relatively defensive semiconductor name.
Read the letter → - Hennessy Japan FundOct 2026
Geopolitical tensions in the Middle East resurfaced following a U.S. military strike on Iran, while higher crude oil prices and rising long-term interest rates globally weighed on investor sentiment, leading to declines in artificial intelligence (AI) and semiconductor-related stocks.
Read the letter → - Malborough US Focus FundOct 2026
Monthly Commentary US Focus Fund2 OF 3 On the negative side, semiconductor equipment company KLA was the largest detractor from performance in the third quarter despite reporting solid operating results and raising full-year guidance.
Read the letter → - Harding Loevner Global EquityOct 2026
The Information Technology (IT) sector fell 8%, with semiconductor stocks down 13%.
Read the letter → The Information Technology (IT) sector fell 7%, with semiconductor stocks down nearly 14%.
Read the letter →- IKIGAI Asset Manager Emerging Equity Fund and Small Cap FundOct 2026
The AI and semiconductor boom dramatically increased the attraction and weight of Taiwan and South Korea in emerging-market portfolios.
Read the letter → - Equinova Investment Managers PMS PortfoliosOct 2026
That base is now being redirected towards aerospace, defence, energy and semiconductors, where the work is more demanding and the margins richer.
Read the letter → - Avity Investment Management PerspectiveOct 2026
Capital investment has been a key engine of growth, fueled by tax incentives and a spending boom in semiconductor manufacturing, power generation and data-center infrastructure.
Read the letter → The Nasdaq Composite fell 6%, while global semiconductor stocks experienced a sharp correction, leaving Information Technology and Communication Services comfortably the weakest-performing GICS sectors in the MSCI World Index.
Read the letter →- KNA Capital Core Equity StrategyOct 2026
The VanEck Semiconductor ETF (SMH), a commonly used proxy for semiconductor stocks, declined 14.2% in October while the more diversified Technology Select Sector SPDR ETF (XLK) was down 8.3%.
Read the letter → We see a business with deep customer relationships and a crucial role to play in the design of complex semiconductors.
Read the letter →- Alta Capital Management LLC/Oct 2026
We believe the productivity benefits of AI are in their early innings and could broaden beyond the semiconductor and infrastructure suppliers to the businesses that deploy these tools well.
Read the letter → - AVI Japan Opportunity TrustOct 2026
However, Technology Solutions business remained under pressure from weaker OEM volumes, customer product cycles and higher semiconductor memory costs, with revenue declining 17.7%.
Read the letter → - Beck Mack & OliverOct 2026
AI “labs,” such as OpenAI and Anthropic, require enormous fleets of semiconductor chips running in data centers in order to train and operate their models.
Read the letter → - Liontrust UK Growth FundOct 2026
Renishaw, the manufacturer of high-tech precision measurement and calibration equipment, continues to benefit from outstanding demand momentum within the semiconductor and aerospace and defence end markets in particular.
Read the letter → - Osprey Private WealthOct 2026
On the other hand, investors in the companies providing the so-called ‘picks and shovels’ for AI infrastructure (semiconductors, electrical gear, servers, cooling devices, and so on) would likely experience a negative impact due to the reduction of further demand for these products and services.
Read the letter → - CDT Capital VNAVOct 2026
These subsectors include semiconductor design, power generation and hyperscaler data centers.
Read the letter → Japanese equities were mixed, with the Nikkei 225 gaining 0.7% as AI and semiconductor stocks recovered, while the more broadly representative TOPIX declined 1.1%.
Read the letter →- Pender Market InsightsOct 2026
More importantly, Meta started talking about potentially pulling back on spending, which is a massive risk for the semiconductor sector.
Read the letter → Losses in South Korea and Taiwan reflected the 11% decline in IT stocks, as AI-related semiconductor and hardware companies sold off, including TSMC, SK hynix, and Samsung Electronics, as well as Dutch equipment maker ASML.
Read the letter →- Pender Corporate Bond FundOct 2026
In particular, Wolfspeed Inc. (WOLF) convertible and straight bonds fell as semiconductor-related names were pressured.
Read the letter → Companies involved in the buildout of AI infrastructure such as data centre owners and the producers and suppliers of semiconductor chips, have thrived in its slipstream.
Read the letter →Inflation and the prospect of further Reserve Bank of Australia (RBA) rate rises remained in focus, while concerns around the funding and capital intensity of artificial intelligence (AI) investment weighed on global semiconductor and data centre stocks.
Read the letter →- Castañar IF, FISep 2026
SK Hynix, Samsung and the semiconductor cycle...................................................................
Read the letter → - Castañar Investment FundSep 2026
SK Hynix, Samsung and the semiconductor cycle...................................................................
Read the letter → - Baron Durable Advantage FundSep 2026
The AI-buildout sell-off abruptly ended in August as strong earnings from hyperscalers, neoclouds, and semiconductor companies did not disappoint.
Read the letter → - Hardman Johnston Global EquitySep 2026
Consistent with our risk management discipline, we had trimmed semiconductor exposure multiple times during the year.
Read the letter → The largest absolute detractors were BE Semiconductor Industries, Infineon Technologies and UCB.
Read the letter →- Harding Loevner Global EquitySep 2026
Earnings for semiconductor and semiconductor-equipment companies in the S&P 500 Index surged 135%, while earnings for the broader Information Technology (IT) sector jumped 70%.
Read the letter → Given the strength of this investment cycle, we have selectively added to our semiconductor holdings, including Taiwan Semiconductor Manufacturing (TSM), NVIDIA (NVDA), KLA (KLAC), and Marvell Technology (MRVL).
Read the letter →
Showing the 40 most recent of 877 letters.