Price is now confirming the rotation into analog semiconductors, one of the most overlooked chip themes, with almost all names up 20%+ in two weeks and breaking out. GPUs need analog power management, demand spans AI data centers, EVs, robotics and industrial, and pricing power is strong. Analog typically leads late in the cycle, after core semis. Texas Instruments, the favorite, and Analog Devices hold almost 30% of the market, alongside onsemi, Lattice, Microchip and Allegro. x.com  x.com  x.com 

Analog semiconductor stocks such as STMicroelectronics, Tower Semiconductor, Analog Devices and Texas Instruments are set to rise further because they are starting to have pricing power for the first time in a long time. x.com 

Infineon, STMicroelectronics and NXP have little value upside left from humanoid robotics after rallying hard on the AI datacenter theme. Infineon's CEO said humanoids could eventually rival AI datacenters as a revenue opportunity, about 20% of sales, yet Infineon saw insider sales this week. Humanoids may create few real bottlenecks: about 60% of parts come from the existing auto supply chain, most value will likely accrue in China and OEMs will integrate vertically, leaving heavy competition. … Show more

If cars are becoming computers on wheels, analog chipmakers such as Texas Instruments and Analog Devices stand to sell a good chunk of the technology without bearing the still-uncertain risk of fully autonomous driving. Copart's CEO noted a new Tesla runs about 100 million lines of code, versus 30 million for an Airbus aircraft. x.com 

Onsemi's AI data center business is no longer a side story: revenue there is now expected to more than double in 2026, with growth across the whole power tree. Management is shifting capacity from autos to AI, utilization rose from 77% to 83% with most of the margin benefit due in Q4 and 2027, a second round of price increases is holding, and lead times stretched to 32 weeks with visibility into 2027-2028. Content per rack is projected to rise from about $15k today to $115k by 2030. x.com 

Analog and power semiconductor stocks such as ON Semiconductor, Texas Instruments and NXP are pricing far ahead of their fundamentals. Even with price hikes they are not back to 2022 revenue, yet their share prices have risen multifold. The semiconductor supercycle is lifting even these laggards. x.com  x.com 

STMicroelectronics offers rare asymmetry for a large cap: a bear case in line with the S&P 500, a slightly better base case and a wildly better bull case. 2026 marked an inflection in its data-center business, with a multi-year, multi-billion-dollar Amazon agreement and guidance raised from $1B before 2030 to well above $2B in 2027. A base case with a modest AI business implies 15% annual growth through 2030; if photonics, power and robotics reach a third of revenue, 30-50%. x.com  x.com  x.com 

STMicroelectronics is an early turnaround story because AI infrastructure has given it a new growth engine. On June 2 it doubled its 2026 data center revenue target to about $1B, saying that could double again in 2027 if trends hold, on high-volume silicon photonics anchored by a multi-year AWS partnership. Q1 revenue rose 23% to $3.1B, it holds about $2.8B net cash, and Bank of America upgraded it to Buy, saying the market underestimates its earnings power. x.com 

onsemi's inventory correction is ending while its AI data center business surges, yet the stock is about 46% below its June 3 high. Distribution inventory fell to 10.1 weeks, fab utilization rose to 83% and lead times stretched from 27 to 32 weeks. The company expects AI data center revenue to more than double in 2026, and management targets another doubling in 2027. onsemi says power content per AI rack can rise from about $15,000 to roughly $115,000 as racks move to high-voltage designs. x.com  … Show more

STMicroelectronics is a hidden common thread across semiconductors, and the market is waking up to it in 2026. It turns up in silicon carbide and GaN power devices, its STM32 is effectively the MCU standard, and it leads MEMS sensor share. Its chips sit in SpaceX Starlink satellites, AWS data center infrastructure and a humanoid robot shown at NVIDIA's headquarters. A "European semiconductor" label long kept interest lukewarm, but that perception is breaking down fast. x.com