Allegro MicroSystems, Lam Research, and Applied Materials Shares Are Soaring, What You Need To Know - TradingView

The recent surge in shares of Allegro MicroSystems (ALGM), Lam Research (LRCX), and Applied Materials (AMAT) was driven by news that Apple had agreed with Intel to design and manufacture chips in the ... Read original →

The rumored Apple-Intel U.S. chip collaboration isn’t just symbolic reshoring—it’s a catalyst forcing upgrades across the semiconductor equipment stack. Demand for EUV and 3nm processes will directly boost order visibility for Lam Research and Applied Materials, especially as AI chips require more advanced etch and deposition capabilities. While CHIPS Act subsidies ease capex burdens, mandatory disclosure of sensitive commercial data raises compliance costs and erodes global pricing power. TSMC and Taiwan, China’s supply chain remain irreplaceable in the near term, potentially accelerating their lead in advanced packaging. Over the next 12–24 months, if U.S. fabs fail to achieve yield targets, equipment makers’ revenue surge may stall. Allegro’s volatility signals skepticism about its real exposure to this trend. Sustainable impact hinges not on isolated deals but on whether the U.S. can build a closed-loop ecosystem spanning EDA, fabrication, and packaging.