Semiconductor equipment names rally on a Tokyo Electron order comment
The toolmakers are still the cleanest way to buy the capex cycle without picking a model winner.
Senior Markets Correspondent
Laptop displaying market charts and graphs
NEW YORK — The toolmakers are still the cleanest way to buy the capex cycle without picking a model winner.
Applied, Lam, and KLA followed a Tokyo Electron remark about logic and HBM-related demand, a tell that the Street is still listening to Japan for the next wafer start.
Elena Vasquez
Senior Markets Correspondent
Covers Treasuries, the dollar, and the policy signals that reprice risk assets.
