Semiconductor Fabrication & Test Equipment

Advanced chips require increasingly demanding fabrication, inspection and testing, making equipment suppliers a direct way to invest in manufacturing complexity rather than individual chip designs. Recent drawdowns across fabrication-equipment names create an entry point ahead of KLA's upcoming earnings, which can test whether customer investment supports a recovery. The basket excludes chip designers and foundries; spending delays and export restrictions remain key risks. Launch basket (equal weight): AMAT, LRCX, KLAC, ASML, TER, ONTO 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.