Fabless Chips & Processor IP

Own semiconductor designers and processor-IP suppliers that monetize computing and connectivity without operating leading-edge fabrication plants. Recent pullbacks offer an entry into the design layer of the semiconductor stack, spanning data-center interconnects, mobile processors and power management. Outsourced manufacturing reduces direct fabrication exposure, but foundry dependence, customer concentration and demanding valuations remain material risks. Launch basket (equal weight): MRVL, QCOM, ARM, CRDO, ALAB, MPWR, LSCC 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.