Thread by @Venu_7_

Semiconductor sub-themes still in Stage 1 bases

10 names building massive Stage 1 bases

as semis pull back in the coming weeks, these are the names worth keeping on your watchlist

thread below 🧵 (a few names you’ve probably never heard of)

1/ $ENTG- supplies specialty materials, filtration, and contamination control solutions critical for semiconductor manufacturing

5 year base with strong accumulation, now pushing into new highs

2/ $ICHR - designs and manufactures critical subsystems for semiconductor equipment (gas delivery, fluid handling)

long multi-year base with strong accumulation, now breaking out with momentum into a new trend

3/ $PENG - provides high-performance computing, AI infrastructure, and advanced electronics solutions

multi-year base with repeated accumulation, now breaking out with strong momentum into a new trend

4/ $NVTS - designs gallium nitride (GaN) and silicon carbide (SiC) power chips for fast charging, EVs, and AI data centers

long base with accumulation, now breaking out with strong momentum.

5/ $AOSL - designs power semiconductors (MOSFETs, power ICs) used in EVs, data centers, and consumer electronics

multi-month base with accumulation, Still in stage 1 base!

6/ $SYNA - designs connectivity and interface chips (Wi-Fi, touch, IoT) for smart devices and edge computing

multi-month base with accumulation, now breaking out with strength

7/ $CRDO - designs high-speed connectivity chips for data centers, enabling faster AI and cloud networking

multi-month base with accumulation, now breaking out with strong momentum and trend expansion

8/ $GFS - pure-play semiconductor foundry focused on specialty chips (analog, RF, power) for industrial, auto, and communications

multi-year base with accumulation, now breaking out with strong volume and early trend reversal

9/ $PLAB - manufactures photomasks used in semiconductor chip fabrication

long-term base with steady accumulation, now breaking out to new highs with strong volume expansion

10/ $COHU - provides semiconductor test and inspection equipment used in chip manufacturing

multi-year base with accumulation, now breaking out with strong momentum as cycle turns up

as you know, I like big bases - the bigger the base, the higher in space

that’s the list

if you made it this far, keep these on your radar and share it others as well :)