"IT'S ONLY WAFER THIN" - "ALRIGHT THEN, BUY ME SOME WAFER STOCKS"

This is a free preview of a paid episode. To hear more, visit www.russell-clark.comShowing my age, I am paraphrasing from Monty Python’s “The Meaning Of Life”. For years after seeing this movie, when ever I tried to get someone to order dessert after a big meal, I would put on a French accent, and say “It’s only wafer thin”.Speaking of wafers, paid subscribers to the Substack and Slice will know that I quite like wafer stocks. Like most semiconductor related names, they are up a lot this year. Unlike most semiconductor names, they still look cheap. I detailed the buy case for wafers in February here.If you cannot be bothered to go through the old presentation, I repost the most important part below. Basically ASML said in its January presentation that the new NVIDIA chips were going to need more silicon wafers.