Chip equipment & AI hardware — AI stocks sub-theme

13 names · combined market cap $4.02T · part of the Santro AI 101-name universe

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This layer sells the machines, materials and hardware that make and connect AI systems — semiconductor manufacturing equipment, networking, optics, memory and servers. It is a concentrated, “picks-and-shovels” business one level below the chipmakers. As AI pushes fabs to expand and data centers to scale, demand rises, though the equipment side is cyclical and heavily exposed to China export restrictions.

TickerCompanyIndustry1DMarket cap
SKHYSK hynix Inc (ADR)Semiconductors - Memory+6.08%$1.15T
ASMLASML Holding NVSemiconductor Equipment & Materials+1.66%$683B
CSCOCisco Systems IncCommunication Equipment+0.63%$443B
AMATApplied Materials IncSemiconductor Equipment & Materials+3.27%$430B
LRCXLam Research CorpSemiconductor Equipment & Materials+3.24%$400B
KLACKLA CorpSemiconductor Equipment & Materials+3.36%$291B
DELLDell Technologies IncComputer Hardware+2.18%$261B
ANETArista Networks IncComputer Hardware+1.87%$214B
HPEHewlett Packard Enterprise CoCommunication Equipment+1.70%$61B
TERTeradyne IncSemiconductor Equipment & Materials+3.92%$53B
SMCISuper Micro Computer IncComputer Hardware+2.46%$15B
ZBRAZebra Technologies CorpCommunication Equipment+0.09%$13B
AMBAAmbarella IncSemiconductor Equipment & Materials+2.43%$2.5B

Other sub-themes: Powering AI · AI chips & compute · AI software & cloud infrastructure · AI applications & data software · AI platforms, internet & adtech · Data-center power & energy · Applied AI: industrial, defense & vertical

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Market caps from the delayed feed (~15 min); membership follows the Santro AI universe. Education, not financial advice.