Semiconductors are elementary components of many promising technologies such as robotics, autonomous vehicles, artificial intelligence, electromobility and in all mobile devices.
US-led dominance
Nvidia is one of the leaders in this business - its stock has gained over 100% since April 2020. With the announced purchase of the British chip designer ARM, Nvidia wants to further increase its market power. For AMD, the analysts' average price target is USD 101, which is just under USD 20 above the current price. The analysts' confidence is probably based not only on the strong share performance, but also on the convincing product pipeline. Intel has also performed positively in the last 12 months.
Local players with potential
The vacuum valve manufacturer VAT (thus a supplier for semiconductor manufacturers) was able to convince with a performance of over 96% in the last 12 months and holds half of the global market share with its products (ZKB Equity Research: "overweight"). The analysts also agree on the semiconductor and software manufacturer AMS; the target price is almost 35% above the current one (ZKB Equity Research: "overweight").
Barrier Reverse Convertible on AMD, Nvidia, and Intel (USD/CHF)
Barrier Reverse Convertible on AMS and VAT (CHF)
*indicative
ZKB Callable Barrier Reverse Convertible on worst of SunPower Corp/Sunrun Inc 127344767 / CH1273447677 |
ZKB Autocallable Barrier Reverse Convertible auf Affirm Holdings Inc 127344951 / CH1273449517 |
ZKB Autocallable Barrier Reverse Convertible auf ON Holding AG 127345566 / CH1273455662 |
ZKB Tracker-Zertifikat Dynamisch auf Freigeist Cannabis Opportunity AMC 113976239 / CH1139762392 |
ZKB Callable Barrier Reverse Convertible auf Idorsia AG 121823459 / CH1218234594 |