Brother Hou sorts out the AI industry chain for everyone. There are only four words: chips, optics, storage, and packaging.
Chips, meaning semiconductors, represent companies such as #NVIDIA and #AMD.
This segment has the deepest moat. However, after this round of rally, many leading companies have already been priced in by the market.
Optics, meaning optical communications, including the ones I like most: #LITE #COHR #ALAB #CRDO.
In A-shares, the corresponding names are #InnoPeak (中际旭创) #XinQisheng (新易盛) #Tianfu Communication (天孚通信)—in other words, what people often call “Yizhongtian” (易中天).
This round has risen quite a lot, but I think we’re still in the early stage. Recently things have only been a bit dull. The real breakout, I believe, may happen around late 2026 to 2027.
Storage, meaning memory, is also the strongest main theme lately.
Overseas, there are the three major storage giants: #SK hynix #Micron #Samsung.
In A-shares, the counterparts include #Rambus? (澜起科技) and #GigaDevice (兆易创新), etc.
Recently the gains have been pretty fierce indeed. For friends who haven’t entered the trade, I wouldn’t recommend chasing after a surge.
Packaging and stacking, meaning advanced packaging, is one of the biggest incremental markets of the future.
I think its importance is no less than storage—it's just still in the early stage.
Overseas, there is #TSMC #ASE #AMKR. Among them, ASE is the global leader in OSAT packaging and testing—this is also an important reason why I bought ASE, $ASX. That’s essentially an early positioning.
For A-shares, #JCET (长电科技) is the leading domestic packaging and testing firm, and it’s also an important beneficiary of the storage industry chain. As storage chips ramp up in volume, packaging and testing orders will naturally grow along with it.
Summary:
Chips: the deepest moat.
Optical communications: the greatest upside.
Storage: the thickest profits.
Advanced packaging: the most bottlenecked—and also the most worth long-term attention!
That’s it. Brother Hou loves you the way he loves himself. Good night 🌙
Chips, meaning semiconductors, represent companies such as #NVIDIA and #AMD.
This segment has the deepest moat. However, after this round of rally, many leading companies have already been priced in by the market.
Optics, meaning optical communications, including the ones I like most: #LITE #COHR #ALAB #CRDO.
In A-shares, the corresponding names are #InnoPeak (中际旭创) #XinQisheng (新易盛) #Tianfu Communication (天孚通信)—in other words, what people often call “Yizhongtian” (易中天).
This round has risen quite a lot, but I think we’re still in the early stage. Recently things have only been a bit dull. The real breakout, I believe, may happen around late 2026 to 2027.
Storage, meaning memory, is also the strongest main theme lately.
Overseas, there are the three major storage giants: #SK hynix #Micron #Samsung.
In A-shares, the counterparts include #Rambus? (澜起科技) and #GigaDevice (兆易创新), etc.
Recently the gains have been pretty fierce indeed. For friends who haven’t entered the trade, I wouldn’t recommend chasing after a surge.
Packaging and stacking, meaning advanced packaging, is one of the biggest incremental markets of the future.
I think its importance is no less than storage—it's just still in the early stage.
Overseas, there is #TSMC #ASE #AMKR. Among them, ASE is the global leader in OSAT packaging and testing—this is also an important reason why I bought ASE, $ASX. That’s essentially an early positioning.
For A-shares, #JCET (长电科技) is the leading domestic packaging and testing firm, and it’s also an important beneficiary of the storage industry chain. As storage chips ramp up in volume, packaging and testing orders will naturally grow along with it.
Summary:
Chips: the deepest moat.
Optical communications: the greatest upside.
Storage: the thickest profits.
Advanced packaging: the most bottlenecked—and also the most worth long-term attention!
That’s it. Brother Hou loves you the way he loves himself. Good night 🌙