Why Semiconductor Equipment Makers Are Defying the Chip Downturn

The semiconductor sector has been hit hard in recent months, with many chip stocks plunging double digits. But one group has remained surprisingly resilient: semiconductor equipment makers like ASML and Applied Materials. In this episode, Lucas and Luna dig into why equipment stocks are outperforming chip designers and foundries, using the latest market data from June 2026. They explore the structural demand for advanced lithography, the shift to chiplets and advanced packaging, and why equipment spending is less cyclical than it used to be. With specific examples from ASML, Applied Materials, and Lam Research, the hosts explain how the equipment business model differs from chip production, and what it means for investors. If you've been watching the sell-off in Nvidia and AMD, this episode offers a counterpoint from the companies that supply the tools. #SemiconductorEquipment #ASML #AppliedMaterials #ChipStocks #EUVLithography #ChipletDesign #AdvancedPackaging #SemiconductorIndustry #TechInvesting #MarketCycle #LucasAndLuna #FexingoBusiness #BusinessPodcast #Technology #Investing #StockMarket #ChipDownturn #EquipmentMakers Keep every episode free: buymeacoffee.com/fexingo