The fundamental backdrop adds further conviction: SK Hynix, riding record quarterly profits from its high-bandwidth memory business, is now absorbing price hike requests from first-tier equipment suppliers. This shows that the smart money is not leaving this corner of the market any time soon.

One of the most leveraged plays on the silicon carbide boom, with its ion implant systems seeing surging demand from EV power semiconductor fabs.

Technically, the post-June 5 reclaim of all-time highs on expanding volume is a textbook breakout from a multi-week consolidation base, with price now trading in blue-sky territory. The lack of overhead supply makes the setup particularly clean; any pullback to the prior breakout level should attract…