MKS looks undervalued at 13.5x estimated 2027 earnings, a multiple that is probably too low. x.com 

MKS is positioned in the hot fiber optics space and shows top IBD metrics, rising relative strength, oversold stochastics and a bullish wedge off its rising 50-day moving average. x.com 

NVIDIA's projected earnings growth could support substantial upside without an enormous multiple. At $221.97 it trades at 10.4x estimated FY2029 earnings; even at $350, nearly 58% higher, it would trade near 16.4x. Estimates imply roughly 130% cumulative EPS growth over the next two fiscal years and may be conservative. SpaceX and Meta earnings look bullish for future chip demand. Slower AI spending, margin pressure or competition could undermine the estimates. x.com  x.com 

ASML's valuation does not make sense at 45-50x forward earnings unless estimates are too low by around 2x. It has always had pricing power but chosen not to exercise it; that may change, but if it does not, the multiple is hard to justify relative to other opportunities. x.com  x.com 

Intel may now be too expensive after going from the worst semiconductor play to one of the best in under a year, as an expected return to profitability came with a multiple rerating on top. With earnings still compressed, a three-year forward view fits better, and on that basis a 2028 P/E of 50, cited in a post the author replies to, is too high. x.com  x.com  x.com 

Semiconductor equipment makers such as Applied Materials, KLA and Lam Research look like shorts, a view Michael Burry now shares: per @zerohedge, Burry says he shorted Applied Materials, along with Tesla, Nvidia and, for the first time, Caterpillar. x.com 

Advantest looks expensive even on peak-cycle earnings, at about 40 times its 2028 earnings. @holden_commodor argues testing is the ultimate semiconductor bottleneck after memory, with Advantest dominant ahead of Teradyne, and would buy if the drop continues. x.com 

Broadcom looks cheap if its growth forecasts are even vaguely realistic, with PEG ratios of 0.45, 0.28 and 0.40 for October 2026, 2027 and 2028. Semiconductor revenue rose 221% year on year to $16.7B and is guided to $21.7B next quarter. Revenue of $29.6B and EPS of $3.32 beat consensus. Shares fell 4.5% after hours because revenue guidance of $34.8B was slightly below the $35.03B consensus, yet that still implies 93% growth. x.com 

KLA has almost no upside even in a best case. Beating 2027 Street EPS estimates of $5 by 100% and applying a 30x multiple, a material premium to its history for the growth, leaves only 1.5% upside. x.com 

Amkor's selloff on sandbagged guidance is wild given how the business is performing. The stock fell as much as 25% because revenue guidance was about $2.0B, even though Q2 revenue beat, EPS came in at $0.70 versus $0.48 expected, gross margin expanded to 16.8% and AI/HPC demand remains strong. Wall Street wanted perfection and punished anything less. x.com  x.com