Amtech, onsemi, and Nova Shares Are Soaring, What You Need To Know - The Globe and Mail

Following a keynote speech by NVIDIA CEO Jensen Huang at Computex, several semiconductor-related stocks surged significantly, as the talk redefined the scale and duration of the AI chip cycle. The ann... Read original →

Huang’s COMPUTEX keynote wasn’t just a product launch—it redefined AI compute economics. Vera Rubin’s 10x inference cost reduction forces data center redesigns in power and cooling, immediately boosting demand for ASML’s High-NA EUV and Lam’s atomic-layer deposition tools. Geopolitically, over-concentration of advanced nodes in Taiwan, China heightens supply chain fragility, likely accelerating U.S. CHIPS Act funding toward domestic back-end packaging. Intel and AMD can’t match NVIDIA-MediaTek’s Arm-based PC efficiency with x86, pushing them toward custom ASICs in data centers. Over the next 18 months, the AI chip race shifts from raw performance to total-stack cost optimization—favoring firms with advanced packaging capabilities and localized manufacturing footprints.