Buy these stocks as plays on Google’s big spending, analyst says
Published . Updated .
Google Cloud is growing fast, but several chip makers and networking providers could be better ways to capitalize on that trend, according to Melius Research.
Directly affected
- No company is named in this report.
Indirectly affected
- NVDA NVIDIA
Chip makers and their suppliers move when export rules or Taiwan risk changes
- TSM Taiwan Semiconductor
The main advanced-chip manufacturer sits in Taiwan
- ASML ASML
Chipmaking-equipment sales follow export rules
- AVGO Broadcom
Chip makers and their suppliers move when export rules or Taiwan risk changes
- AMD AMD
Chip makers and their suppliers move when export rules or Taiwan risk changes
- AMAT Applied Materials
Chip-equipment makers feel export controls
- LRCX Lam Research
Chip-equipment makers feel export controls
- SMH VanEck Semiconductor
A fund of semiconductor companies
- SOXX iShares Semiconductor
A fund of semiconductor companies
- QQQ Invesco QQQ
Big tech moves with chip-supply risk
Price reaction, T-5 to T+3
Google Cloud is growing fast, but several chip makers and networking providers could be better ways to capitalize on that trend, according to Melius Research.
Source: MarketWatch
Vaneck Etf Trust (SMH) since this story, compared with the market
Since the first closing price after “Buy these stocks as plays on Google’s big spending, analyst says,” Vaneck Etf Trust (SMH) is -6.77%. The S&P 500 fund (SPY) is -1.47% over the same days, a -5.30% difference versus the market.
| Company | When | Move | Status |
|---|---|---|---|
| AMAT | that day | -1.85% | final price |
| AMAT | the next day | -8.47% | final price |
| AMAT | two days later | -11.90% | final price |
| AMAT | three days later | -15.16% | final price |
| AMAT | three days earlier | +2.71% | final price |
| AMAT | five days earlier | +6.91% | final price |
| AMD | that day | -2.23% | final price |
| AMD | the next day | -0.39% | final price |
| AMD | two days later | -6.07% | final price |
| AMD | three days later | -7.52% | final price |
| AMD | three days earlier | +6.26% | final price |
| AMD | five days earlier | +3.96% | final price |
| ASML | that day | -1.67% | final price |
| ASML | the next day | -3.58% | final price |
| ASML | two days later | -7.36% | final price |
| ASML | three days later | -6.84% | final price |
| ASML | three days earlier | +1.39% | final price |
| ASML | five days earlier | +4.48% | final price |
| AVGO | that day | -1.87% | final price |
| AVGO | the next day | -1.15% | final price |
| AVGO | two days later | -4.20% | final price |
| AVGO | three days later | -4.77% | final price |
| AVGO | three days earlier | +4.13% | final price |
| AVGO | five days earlier | +0.27% | final price |
| LRCX | that day | -2.93% | final price |
| LRCX | the next day | -5.46% | final price |
| LRCX | two days later | -10.06% | final price |
| LRCX | three days later | -12.97% | final price |
| LRCX | three days earlier | +3.31% | final price |
| LRCX | five days earlier | +8.40% | final price |
Who reported a Vaneck Etf Trust (SMH) trade near this story
- Gilbert Cisneros buy On Semiconductor (ON) ($15,001 - $50,000). That is 14 days before publication, inside 30 days. The filing is listed beside the story “Buy these stocks as plays on Google’s big spending, analyst says.”
- Rohit Khanna buy On Semiconductor (ON) ($15,001 - $50,000). That is 19 days before publication, inside 30 days. The filing is listed beside the story “Buy these stocks as plays on Google’s big spending, analyst says.”
- Gilbert Cisneros buy Taiwan Semiconductor Manufacturing (TSM) ($1,001 - $15,000). That is 20 days before publication, inside 30 days. The filing is listed beside the story “Buy these stocks as plays on Google’s big spending, analyst says.”
- Michael T. McCaul sell Taiwan Semiconductor Manufacturing (TSM) ($1,001 - $15,000). That is 48 days before publication, inside 60 days. The filing is listed beside the story “Buy these stocks as plays on Google’s big spending, analyst says.”
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Taiwan Strait on the map for this story
Taiwan Strait has 49 linked stories in the last 7 days and 49 in the last 30 on the page that also carries “Buy these stocks as plays on Google’s big spending, analyst says.” The recent pace is rising.
Who gains and who pays if Taiwan Strait stays in the story
Companies mentioned with this story
- SMH Vaneck Etf Trust
Vaneck Etf Trust (SMH) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “Buy these stocks as plays on Google’s big spending, analyst says.” Reason on file: Semiconductor supply, export-control, or production shocks can transmit across the chip complex
- SOXX Ishares Tr
For “Buy these stocks as plays on Google’s big spending, analyst says,” Ishares Tr (SOXX) is linked, with no stored direction, high confidence. Reason on file: Semiconductor supply, export-control, or production shocks can transmit across the chip complex
- AOSL Alpha & Omega Semiconductor
For “Buy these stocks as plays on Google’s big spending, analyst says,” Alpha & Omega Semiconductor (AOSL) is linked, with no stored direction, medium confidence. Reason on file: GA selected AOSL as a RELATED security because its canonical security name directly matches this event's themes: semiconductors, semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GCTS GCT Semiconductor Holding
In “Buy these stocks as plays on Google’s big spending, analyst says,” GCT Semiconductor Holding (GCTS) is linked, with no stored direction, medium confidence. Reason on file: GA selected GCTS as a RELATED security because its canonical security name directly matches this event's themes: semiconductors, semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- NVTS Navitas Semiconductor
Navitas Semiconductor (NVTS) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Buy these stocks as plays on Google’s big spending, analyst says.” Reason on file: GA selected NVTS as a RELATED security because its canonical security name directly matches this event's themes: semiconductors, semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- ON On Semiconductor
In “Buy these stocks as plays on Google’s big spending, analyst says,” On Semiconductor (ON) is linked, with no stored direction, medium confidence. Reason on file: GA selected ON as a RELATED security because its canonical security name directly matches this event's themes: semiconductors, semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- TSEM Tower Semiconductor
Tower Semiconductor (TSEM) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Buy these stocks as plays on Google’s big spending, analyst says.” Reason on file: GA selected TSEM as a RELATED security because its canonical security name directly matches this event's themes: semiconductors, semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- TSM Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing (TSM) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “Buy these stocks as plays on Google’s big spending, analyst says.” Reason on file: GA selected TSM as a RELATED security because its canonical security name directly matches this event's themes: semiconductors, semiconductor. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How semiconductors news reaches Vaneck Etf Trust (SMH)
On 12 Oct 2026, “Buy these stocks as plays on Google’s big spending, analyst says” is the story that connects Vaneck Etf Trust (SMH) to Taiwan Strait.
The link for Vaneck Etf Trust (SMH) is this: Semiconductor supply, export-control, or production shocks can transmit across the chip complex
A second company, Ishares Tr (SOXX), is listed for a different reason: Semiconductor supply, export-control, or production shocks can transmit across the chip complex
What this semiconductors story puts on the calendar
AOSL traded between 21.68 and 30.88 across 20 sessions. The latest close on file is 22.59. SMH traded between 539.11 and 639.33 across 20 sessions. The latest close on file is 548.35. SOXX traded between 492.92 and 596.41 across 20 sessions. The latest close on file is 501.86.
The semiconductors score for Vaneck Etf Trust (SMH)
46 out of 100
“Buy these stocks as plays on Google’s big spending, analyst says” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.