FFC Update

THE MOST PROFITABLE AI SEMICONDUCTOR STOCKS

Operating margin breakdown:
• Best-in-class (50%+) | $MU, $NVDA, $SKHY, $TSM

• Elite (40–49%) | $ANET, $AVGO, $KLAC, $SNDK

• Strong (30–39%) | $ASML, $LRCX, $CRDO, $WDC

• Healthy (20–29%) | $AMAT, $ALAB
• Solid (Below 20%) | $ARM, $MRVL, $AMD, $COHR, $LITE, $ON