Bernstein sees six leading semiconductor equipment companies in China and the United States, all of which have received better ratings than the market
According to Chao Xiang Research, Bernstein released a monthly tracking of global semiconductor equipment on July 1st, maintaining the forecast of 21.4% global WFE growth in 2026 and 18.2% growth in 2027. Six leading companies, including American Applied Materials ($525), Panlin Semiconductor ($340), and Kelei ($197.5), as well as North China Huachuang ($680), Zhongwei Company ($500), and Tuojing Technology ($580), have all received better than market ratings. Japan's SEAJ equipment shipments in May amounted to 420 billion yen, an increase of 11% year-on-year. Edwan tests June quarterly revenue forecast+10%, Tokyo Electronics forecast -15%. Disco, Edwan, Tokyo Electronics, Kokusai, and Lasertec from Japan have simultaneously received ratings superior to those of major cities.
