Lam Research's non-China demand growth and steady earnings estimates make its lower multiple a rebound setup if its guide holds. China's revenue share fell from 43% to 26% as Taiwan and Korea grew, while the fiscal 2027 earnings multiple fell from about 37x to 28x on nearly unchanged estimates. An in-line quarter and December guide near consensus would probably lift the stock; a guide below $8.5bn would back the selloff. x.com 

Lam Research's strong revenue and free-cash-flow forecasts remain intact despite the selloff, suggesting upside if it delivers. Consensus puts fiscal Q1 revenue at $8.13B; FY2027 revenue is expected at $34.92B, with free cash flow potentially near $10B at a 28.33% margin. Analysts' $375.81-$378.20 targets imply 42.8% upside from $263.94 if FCF forecasts hold. Q1 execution is critical to show whether AI capex strength is translating into cash. 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 

ASML's planned 2027-28 output cannot meet customer demand, supporting a Buy rating and €1,830 target. Long-term customer down payments rose from €3.6bn to €9.3bn; customers seek 2029-30 orders that ASML has not accepted. Critical-tool price rises begin in 2027, with full effect in 2028, but are not meant to recur annually. Q3 EPS excluding a €509.7m investment gain still beat consensus. x.com  x.com  x.com  x.com  x.com 

ASML's earnings beat and higher 2026 guidance suggest its run is not stopping anytime soon. EPS of €12.95 exceeded the €10.60 estimate, and full-year guidance was raised to €44-45B. x.com 

Lam Research's valuation is scary, at 73 times earnings, a PEG ratio of 2.16 and 82 times free cash flow. x.com 

AI demand is benefiting ASML's lithography-machine business immensely. It could be the widest-moat company ever, and analysts expect revenue to rise 50% and earnings 94% ahead of its report. x.com 

ASML's tightened sales guidance raises the floor for its growth outlook as management has become more confident in this year's forecast. Analyst targets imply 35.7% upside from here. x.com 

ASML is getting paid more for each tool, moving beyond proving it can build enough of them. Q3 2026 brings pricing power and an order book reaching 2030; the house view has strengthened, with high conviction. x.com 

Next-generation AI systems could double wafer demand, keeping the long-term outlook compelling for semiconductor equipment makers. Applied Materials targets more than $12 billion in services revenue and roughly 40% operating margins by 2030; management expects over two points of share gains and potentially more than $5 billion in advanced-packaging revenue, driven by HBM and AI demand. Bullish on Applied Materials, Lam Research, ASML and KLA. x.com