泛林集團與應用材料：究竟是誰推動了阿斯麥股價的進一步上漲？

泛林集團和應用材料在第四季度報告了強勁的收益，主要受益於人工智能資本支出，但由於泛林專注於直接與先進圖案化相匹配的刻蝕和沉積技術，因此在 ASML 的極紫外光（EUV）週期中更具緊密的代表性。雖然應用材料提供了多樣化和較低的市盈率，但泛林集中的發展路線圖與 ASML 的高利潤增長更為契合，使其成為尋求最大貝塔暴露於下一代半導體節點的投資者的首選

Quick ReadLam's etch tools scale one-for-one with every EUV patterning layer ASML ships, making LRCX the cleanest proxy for ASML's high-margin cycle.Applied Materials trades at a friendlier 39 P/E with a $12.8B buyback and expects advanced packaging revenue to grow more than 70% in 2026.Lam sees a $40B NAND upgrade wave before 2027 as customers mov...