Chip Production, Packaging & Test

Own the manufacturing chain from wafer fabrication through outsourced packaging and electrical testing, rather than another basket of chip designers or AI infrastructure suppliers. Packaging and test specialists distinguish this basket from North's existing front-end tooling portfolio. The sharp pullbacks in fabrication-equipment leaders make a staged entry worth considering, although semiconductor capital spending remains cyclical and further downside is possible. Launch basket (equal weight): KLAC, AMAT, LRCX, ASML, TSM, AMKR, TER, FORM, ONTO, ACLS Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.