Bualuang broker advises gradual accumulation of stocks to brace for Fed rate hike

Analog Devices has agreed to acquire privately held Alif Semiconductor for $1.35 billion in cash, with up to $200 million in additional contingent payments, bringing the potential total consideration to $1.55 billion. The deal adds Alif's low-power, AI-native microcontrollers and fusion processors to ADI's portfolio of sensing, signal-processing and power-management technology, giving the company a foothold in the edge-AI market where Alif's silicon already ships in production with design wins among leading consumer and industrial customers. ADI CEO Vincent Roche described the acquisition as advancing "Physical Intelligence," letting systems sense, reason and act locally in real time. The transaction, ADI's second major acquisition this year after completing its $1.5 billion Empower Semiconductor deal in July, is expected to close by the end of 2026 pending U.S. antitrust review. ADI reported record third-quarter revenue of $4.02 billion, up 40% year over year, and trailing 12-month free cash flow of $4.94 billion.

ASML Holding N.V. plans to work with major customers including Taiwan Semiconductor Manufacturing Company Limited, Nvidia, Intel, Samsung, and SK Hynix to adapt its next-generation High NA extreme ultraviolet lithography tools so they can print larger data-center chips, addressing a current limitation where the newer machines use a smaller mask than ASML's widely deployed standard EUV tools. ASML targets a pilot production line using the larger masks by 2031 and high-volume manufacturing readiness by 2033, with Chief technology officer Marco Pieters saying the changes could lift system productivity by roughly 40%. TSMC plans to introduce High NA EUV into advanced-node high-volume production from 2030, giving ASML greater visibility into future equipment demand. The larger-mask transition carries execution risks, as ASML must develop and qualify larger masks while TSMC must integrate the technology into high-volume manufacturing, and the benefits remain several years away from contributing to either company's financial results. Hedge fund ownership of ASML grew to 140 funds in the second quarter from 133 in the first, with combined position value rising to $21.77 billion from $16.38 billion, while TSMC's hedge fund ownership grew to 249 funds from 234.

Nvidia Corporation CEO Jensen Huang said he expects the company to sell twice as many chips next year as it does this year, attributing the projected growth to rising AI demand across sectors and economies. Speaking at a summit with King Charles III in Scotland on Thursday, Huang said, "You can see that in almost every single country that we're in, people want to invest in AI." Nvidia does not disclose its total chip sales volume; at the GTC October 2025 Keynote, Huang reported that Nvidia had shipped 6 million Blackwell GPUs in the four quarters. Huang attended the U.K. summit alongside representatives from Alphabet Inc.'s Google, DeepMind, OpenAI and Anthropic to discuss AI safety, and said, "When a product is not safe, we should hold it back and keep engineering it." Earlier this month, Huang described Nvidia as the "World's First and Only Growth Value Stock" and said he anticipates AI infrastructure spending to reach $3 trillion to $4 trillion by 2030, while Nvidia CFO Colette Kress projected approximately 70% revenue growth for the fiscal year ending January 2028 during the company's Q2 earnings call.