Semi Supply Chain Tracker -- May 20, 2026

Top Movers

Biggest Gainers

CRDO

Credo Technology

+8.28%

$182.98

AMD

Advanced Micro Devices

+8.10%

$447.58

TER

Teradyne

+7.10%

$344.34

LRCX

Lam Research

+6.84%

$292.09

ASML

ASML Holding

+6.21%

$1,550.13

Biggest Losers

AAOI

Applied Optoelectronics

-3.54%

$165.26

FN

Fabrinet

-2.29%

$662.21

VRT

Vertiv Holdings

-2.16%

$315.67

ANET

Arista Networks

-0.77%

$140.49

Catalysts and Notable News

NVDA -- Q1 FY27 earnings report after market close today. Consensus: $78.82B revenue (+75% YoY), $1.77 EPS (+118% YoY). Goldman PT $250, Oppenheimer PT $265. The single biggest event for the semiconductor thesis this quarter. Stock up just +1.30% heading into the print, suggesting caution before the release.

AMD -- Surging +8.10% on reports of a $6.5M stake move tied to Marvell, plus continued momentum from its strong Q1 beat and MI450/Helios narrative. MRVL riding the same wave at +5.97%.

ASML -- +6.21% to $1,550, continuing its ATH trajectory (prior ATH $1,603). EUV monopoly thesis fully intact. Wafer fab equipment names (LRCX +6.84%, KLAC +5.11%, AMAT +4.90%) rallying in sympathy.

CRDO -- Top gainer at +8.28%. High-speed connectivity plays surging on AI infrastructure buildout momentum ahead of NVDA earnings.

CRWV -- Barely positive at +1.47% ($101.28), hovering just above the $100 psychological level. Insider selling cascade (Magnetar, CTO, CEO) from May 7 still weighing. "Stay away" thesis intact.

VRT -- Down -2.16%, the only major infrastructure name in the red. Possible profit-taking after strong run from $101 lows.

Entry Zone Alerts

NVDA $223.47 -- Trading ~5.5% below ATH ($236.54). If NVDA earnings disappoint and the stock dips to $210-215 range, that would be a strong tranche entry per the phased plan. Watch the after-hours reaction tonight.

AVGO $417.76 -- ~4.5% below ATH ($437.68). The Meta custom silicon deal ($1GW through 2029) provides structural floor. A pullback toward $400 on any broad weakness would be a clean entry.

TSM $401.62 -- ~4.3% below ATH ($419.50). Still elevated but tracking well. 3nm supply constraints (per AAPL Cook) confirm demand thesis. Watch for sympathy moves from NVDA earnings.

CRWV $101.28 -- "Stay away" until insider selling exhausts and floor forms. Broke below $100 on May 19 (intraday low $94.82), barely holding above now. Not yet at an entry zone.

Full Price Table

Ticker	Sector / Category	Price	Daily Chg %
CRDO	High-Speed Connectivity	$182.98	+8.28%
AMD	GPU / AI Chips	$447.58	+8.10%
TER	Test Equipment	$344.34	+7.10%
LRCX	Wafer Fab Equipment	$292.09	+6.84%
ASML	EUV Lithography	$1,550.13	+6.21%
ONTO	Process Control / Inspection	$263.12	+6.06%
MRVL	Custom Silicon / Networking	$186.80	+5.97%
MPWR	Power Management	$1,553.27	+5.80%
KLAC	Wafer Fab Equipment	$1,829.47	+5.11%
AMAT	Wafer Fab Equipment	$426.85	+4.90%
MU	Memory / HBM	$731.99	+4.76%
AMKR	Packaging / OSAT	$68.49	+4.50%
CDNS	EDA Software	$350.89	+3.78%
QCOM	Mobile / Wireless	$202.51	+3.53%
ENTG	Specialty Materials	$127.70	+2.80%
ASX	Packaging / OSAT	$31.69	+2.59%
CIEN	Optical Networking	$554.76	+2.37%
TSM	Foundry	$401.62	+2.29%
CLS	Infrastructure / EMS	$346.48	+2.17%
ETN	Power Infrastructure	$379.69	+2.10%
AVGO	Custom Silicon / Networking	$417.76	+1.63%
CRWV	AI Cloud / GPU-as-a-Service	$101.28	+1.47%
COHR	Optical Components	$358.50	+1.38%
NVDA	GPU / AI Chips	$223.47	+1.30%
SNPS	EDA Software	$498.93	+1.02%
WDC	Storage / Memory	$459.62	+0.84%
ANET	Data Center Networking	$140.49	-0.77%
VRT	Data Center Infrastructure	$315.67	-2.16%
FN	Optical Manufacturing	$662.21	-2.29%
AAOI	Optical Components	$165.26	-3.54%

Thesis Check

The semiconductor supply chain is broadly rallying into NVDA earnings tonight. 26 of 30 tracked names are green, with WFE names (ASML, LRCX, KLAC, AMAT) leading alongside AI chip plays (AMD, CRDO, MRVL). The only weakness is in optical/photonics (AAOI -3.54%, FN -2.29%) and data center infrastructure (VRT -2.16%, ANET -0.77%).

NVDA after-hours tonight is the event. Consensus expects $78.82B revenue and $1.77 EPS. Beat-and-raise would validate the entire AI capex cycle and likely push ASML/TSM/AVGO to new highs. A miss or weak guidance could trigger a sector-wide unwind given how extended many names are. The cautious +1.30% NVDA move today suggests the market is positioning carefully.

Tranche plan status: ASML, TSM, and AVGO are all within 4-6% of ATHs -- not at dip-entry zones. NVDA earnings reaction is the next natural entry trigger. If sell-the-news kicks in despite a beat (as it did for PLTR, META, AMD earlier this cycle), that would be the designed tranche opportunity.