Chip Stocks Are Plunging But Equipment Makers Hold Steady

While most semiconductor stocks have taken a beating in the first week of June 2026 — with Broadcom down 16%, Micron down nearly 17%, and the SOXX index off 5.6% — equipment makers like ASML and Applied Materials are barely negative or even positive. Lucas and Luna dig into why the chip equipment sector is decoupling from chipmakers, with ASML actually up 0.8% over the past five days. They examine the structural drivers: the secular need for leading-edge lithography tools, the strategic importance of chip manufacturing self-sufficiency, and the sheer pricing power of companies like ASML. Plus, they talk about what the sell-off in stocks like Broadcom and Micron tells us about end-market demand, and why equipment spending is likely to remain elevated even if chip prices soften. A focused look at a diverging market that highlights the difference between cyclical chip demand and long-term capital expenditure trends. #ChipStocks #SemiconductorEquipment #ASML #AppliedMaterials #Broadcom #Micron #SOXX #EUVLithography #ChipIndustry #StockMarket #Technology #Investing #MarketDivergence #CapexSpending #SemiconductorManufacturing #FexingoBusiness #BusinessPodcast #SemiconductorNews Keep every episode free: buymeacoffee.com/fexingo