Tokyo Electron is the dominant supplier of coater/developer and thermal processing tools, with monopoly-like share in EUV track. Japan's export control alignment with US has been less restrictive than feared, preserving China revenue. Yen weakness boosts reported earnings power. Rapidus Hokkaido fab buildout creates a domestic megacustomer.
Thesis reviewed May 29, 2026
Tokyo Electron Limited is headquartered in Japan, which is currently showing moderate signals.
🇯🇵Japan52NEUTRALView Japan risk detail →💻Semiconductors1WATCH| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| STM | STMicroelectronics N.V. | 11 | +12% | ↓90% | NEUTRAL |
| ARM | Arm Holdings plc | 11 | +17% | ↓90% | EARLY |
| UMC | United Microelectronics Corporation | 11 | +7% | ↓90% | NEUTRAL |
| TSM | Taiwan Semiconductor Manufacturing Company | 11 | +12% | ↓90% | NEUTRAL |
| AMAT | Applied Materials, Inc. | 11 | +14% | ↓90% | EARLY |
| MU | Micron Technology, Inc. | 11 | +16% | ↓90% | EARLY |
| WOLF | Wolfspeed Inc. | 11 | -29% | ↓90% | AVOID |
Investors who hold TOELY may also have indirect exposure through these country funds.
Rapidus 2nm pilot line places largest-ever TEL order
TEL EUV track share remains above 95% at TSMC and Samsung
Japan export controls on China narrower than expected
Estimates · Yahoo Finance · Not audited figures