3 Chip Equipment Stocks Set to Win the Memory Boom - 24/7 Wall St.

Global wafer fabrication equipment spending is projected to reach a record $135.2 billion in 2026, up 16.9% from 2025. Memory equipment spending is driving this growth, with DRAM and NAND equipment sp... Read original →

The surge in memory demand is driving record-high semiconductor equipment spending, with DRAM and NAND equipment investments rising sharply, directly propelling the performance of key suppliers like Lam Research, KLA, and ASML. ASML's EUV dominance ensures long-term relevance, while Lam benefits most from direct exposure to memory production, albeit at risk of oversupply. KLA’s diversified process control offerings offer stability but limited upside. The AI-driven demand for HBM and enterprise storage is reshaping capital allocation across the supply chain. Geopolitical tensions, especially in China Taiwan/ Taiwan, China and China Hong Kong/ Hong Kong, China, are intensifying supply chain security concerns. Over the next 12–24 months, sustained AI compute growth may maintain high equipment orders, but technological slowdowns could trigger cyclical corrections.