From TXN to ASML: Top chip stocks to explore amid Taiwan-China tensions - Kalkine Media

August 24, 2022 04:05 AM PDT | By Mridul Gogoi
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Highlights:

  • Texas Instruments posted a revenue of US$ 5,212 million in Q2 2022.
  • ASML Holding paid a dividend of US$ 1.187 semi-annually.
  • Lam Research Corporation posted a revenue of US$ 4.64. 

Taiwan, the world's top supplier of semiconductors, wants to ensure that its partner countries have adequate supplies of semiconductors. Meanwhile, Eric Holcomb, Governor of Indiana, is due to visit Taiwan this month. He will likely meet officials of Taiwan's semiconductor companies on his visit.

Here, we take a look at five US semiconductor stocks curated by Kalkine Media® and look at their performances:

Texas Instruments Inc. (NASDAQ: TXN)

Texas Instruments is a US tech company that designs and manufactures semiconductors and a slew of integrated circuits. The Dallas, Texas-based company sells its products to electronics design and manufacturing companies worldwide.

Texas Instruments' market valuation is US$ 161.22 billion. It has a price-to-earnings (P/E) ratio of 19.31. Texas Instruments paid a quarterly dividend of US$ 1.15 per unit.

Over the past six months, TXN stock jumped 5.85 per cent. Shares of Texas Instruments rose by 7.65 per cent in the past month.

Texas Instruments achieved a revenue of US$ 5,212 million in the second quarter of 2022 compared to US$ 4,580 million in the previous year's second quarter.

Its net income was US$ 2,291 million in Q2 2022, up by 19 per cent year-over-year (YoY).

TXN stocks had a Relative Strength Index (RSI) of 51.95 as per Refinitiv on August 22, 2022. It indicates a stable market condition of the TXN stock.

ASML Holding NV (NASDAQ: ASML)

ASML (an acronym for Advanced Semiconductor Materials Lithography) Holding NV is a Dutch multinational company developing and manufacturing photolithography systems to produce computer chips.

ASML products find their way to every top semiconductor manufacturer in the world. It paid a dividend of US$ 1.187 on a semi-annual basis.

The share price of ASML dropped by over 31 per cent year-to-date (YTD). Over the past month, ASML stock soared by 2 per cent.

ASML reported Q2 2022 net sales of €5.4 billion, and its net income was €1.4 billion. Its earnings-per-share (EPS) is US$ 17.39.

The company also expects Q3 2022 net sales between €5.1 billion and €5.4 billion. ASML expects its sales growth for the full year to be around 10 per cent.

Lam Research Corporation (NASDAQ: LRCX)

Lam Research Corporation is a US company that manufactures wafer fabrication equipment and ancillary services to companies in the semiconductor sector. Most of its products are mainly used in front-end wafer processing.

The Fremont, California-based Lam Research distributes a quarterly dividend of US$ 1.50. The US$ 65.30 billion company's price-to-earnings (P/E) ratio is 14.56.

The share price of Lam Research decreased by over 34 per cent in 2022. The LRCX stock rose by over two per cent in the past month.

For the quarter ended June 26, 2022, Lam Research posted a revenue of US$ 4.64 billion compared to US$ 4.14 billion in the year-ago quarter.

It reported a net income of US$ 1.20 billion in the quarter ended June 26, 2022, versus US$ 1.14 billion in the same quarter a year earlier.

LRCX stocks' RSI value of 47.33 as of August 22, 2022, indicates that it is volatile at the moment.

Top 5 chip stocks to explore as US-Taiwan to discuss semiconductors Source: ©Kalkine Media®; © Canva via Canva.com

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL)

Alpha and Omega Semiconductor Limited (AOS) designs, develops, and supplies a broad range of power semiconductors globally.

Over the past month, AOSL stock surged 8.22 per cent. On a year-over-year basis, it increased by over 53 per cent.

AOS has a market valuation of US$ 1.14 billion. Its earnings-per-share (EPS) is US$ 16.03.

In its fourth quarter of fiscal 2022, AOS reported a revenue of US$ 194 million compared to US$ 173.3 million in the previous year. The operating income for the reported quarter in 2022 was US$ 18.1 million, whereas it was US$ 22.4 million in the year-ago quarter.

KLA Corporation (NASDAQ: KLAC)

KLA Corporation is a designer and manufacturer of yield-management and process-monitoring diagnostic and control systems used by the semiconductor manufacturing industry. Its laser-scanning products are utilized for wafer qualification and equipment monitoring.

KLAC stock saw an uptick of 4.51 per cent over the past six months. On a Y-o-Y basis, the stock grew 13.35 per cent.

The US$ 51.9 billion company, KLA Corporation, pays a quarterly dividend of US$ 1.30. Its price-to-earnings (P/E) ratio is 16.7.

KLA Corporation declared its fiscal 2022 fourth-quarter results on July 28, 2022. The total revenues for Q4 2022 were US$ 2.49 billion, compared to US$ 1.92 billion in the corresponding quarter of 2021.

As per Refinitiv data, KLAC stocks' Relative Strength Index was 52.18 as of August 22, 2022. It indicates the stocks are stable at the moment.

Bottom line:

The semiconductor sector is touted to grow in Q3 of the current fiscal as the supply chain woes seem to have settled for now, while the demand for semiconductors from last year still exists.

However, stock market investing requires a lot of analysis of a company's fundamentals. Investors should look at long-term prospects during market volatility.


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