@kohkim: The Micron trade isn't actually Micron — it's the names one layer underneath it. Micron can't make a single one of its advanced memory chips alone. A few names sit one layer down and tend to get pulled along every time memory ramps: TSMC (TSM) makes the base layer under the stack, Amkor (AMKR) and ASE (ASX) do the advanced packaging that turns raw stacks into finished parts, Adeia (ADEA) licenses the bonding tech that lets the stacks get taller without overheating, and KLA (KLAC) sells the inspection machines every new memory factory has to buy before it ships a good chip. NVIDIA (NVDA) is the odd one out — not a supplier underneath Micron, but the customer at the other end that all this memory is racing toward. Important: this is not the whole supply chain, just a handful of names I'd start digging into. Save this — and comment NEWSLETTER if you want the deeper breakdown of how I think about each layer. — ⚠️ Not financial advice. I may hold positions in some names. This content is for educational and informational purposes only. These are research starting points, not buy recommendations. Always do your own due diligence before making any investment decisions. I am not a registered financial advisor.

Koh The Portfolio Architect

Open In TikTok:

Region: MX

Friday 26 June 2026 13:42:28 GMT