Morgan Stanley says these 6 global stocks will benefit from a 'monumental shift' in the chip industry

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Morgan Stanley says these 6 global stocks will benefit from a 'monumental shift' in the chip industry
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Analysts at the bank say the shift to '3D 'gate-all-around' architecture' presents a huge opportunity.

A "monumental shift" is underway in the semiconductor industry — and a raft of stocks are set to benefit, according to analysts at Morgan Stanley . In a Sept. 18 note, they highlighted a transition to "3D 'gate-all-around' architecture ," which they said presents a more than $10 billion "cumulative" opportunity for semi-cap original equipment manufacturers by 2030.

" VAT Group , a Swiss company for vacuum valves and related services, was also rated overweight. Morgan Stanley included the stock although it isn't an equipment vendor "due to its exposure as a subcomponent supplier to Lam [Group], Applied Materials and ASM ." Dutch company ASML Holding , which enables chipmakers to produce patterns on silicon with lithography, likewise, received an overweight rating.

 

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