New Energy vehicles Are A good Industry

Under the background of lack of core, is it the chip that has risen best? No, it’s actually upstream equipment. If you don’t believe me, let’s take a look at ASML’s stock price, which has quadrupled since March 2020. Because the production capacity cannot keep up, it takes two years for the production capacity to land. Therefore, manufacturers such as TSMC have to buy the upstream equipment first. The lithography machine is actually expected to get up first. That is, the second wave is TSMC and SMIC, which are speculating in the middle reaches, and the third wave is the turn of upstream materials.

Compared with traditional fuel vehicles, power batteries, software services, smart modules, etc. are all incremental markets, and they will become smart terminals like mobile phones in the future.