What are the top stocks in the AI Hardware theme?

QuantAbundancia's AI Hardware theme tracks 4 stocks ranked editorially: ASML, MU, NVDA, TSM.

Do AI Hardware stocks move together?

The AI Hardware theme has a 252-day average correlation of 0.57 across its members — decent co-movement. Editorial themes are narrative groupings, not capital-flow validated; tradability follows correlation, not the story.

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Theme

AI Hardware

Foundries, memory, lithography — the AI silicon supply chain.

0.567avg corr (252d)

4stocks

Decent co-movement

Stocks · key Fib levels

$1457.46last
$1205.00fib
+21.0%vs fib
$701.19last
$341.00fib
+105.6%vs fib
- ▸~$77B FY26 estimated operating income (+684% YoY)
- ▸HBM3E supplier to NVDA Blackwell platform
- ▸Capacity-constrained through 2026; HBM allocations sold out
- ▸US-domiciled — only major DRAM producer outside Korea
$221.56last
$71.00fib
+212.1%vs fib
$393.40last
$314.00fib
+25.3%vs fib

Co-movement matrix (252d)

	ASML	MU	NVDA	TSM
ASML	·	0.56	0.50	0.66
MU	0.56	·	0.46	0.59
NVDA	0.50	0.46	·	0.63
TSM	0.66

About themes

Themes are editorial groupings — narrative buckets used for technical screens. They exist alongside , which are validated empirically by capital-flow co-movement.

When a theme's avg correlation is high, the editorial story is also tradeable as a bloc. When it's low, the narrative groups stocks that don't actually move together — useful for thinking, less useful for trading.

Frequently asked questions

What are the top stocks in the AI Hardware theme?: QuantAbundancia's AI Hardware theme tracks 4 stocks ranked editorially: ASML, MU, NVDA, TSM.
Do AI Hardware stocks move together?: The AI Hardware theme has a 252-day average correlation of 0.57 across its members — decent co-movement. Editorial themes are narrative groupings, not capital-flow validated; tradability follows correlation, not the story.