Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.
In 2026, average monthly sales of Japanese semiconductor production equipment rose 48% year on year in the period from month 7 through September, accelerating from the previous quarter. Demand for equipment is broad-based, yet shares in the sector continue to fall. Goldman Sachs believes HOYA and Disco are trading near historical valuation lows.
Goldman Sachs ·
After the equipment sector pulled back approximately 10% in a week, Citi turned its attention to supply constraints: AI demand remains strong, but parts shortages could limit shipments. Combining 2028 equipment spending scenarios with historical trough valuations, the bank estimates that the big three have approximately 10% and 30% of downside remaining under its base and bearish scenarios, respectively.
Citi ·
