demand / volume affecting revenue
“This growth was primarily attributable to strong demand in aerospace and defense applications, which contributed $136.6 million of incremental revenue in 2025.”
BELFB 10-K
Confirmed
Semiconductor Supply Chain
7 names are moving together; 57% are participating in the current session.
1 observed Confirmed episode
Co-movement
Observed member paths adjusted against SPY. Shading marks the latest observation window.
Members
| TICKER | Company | Sector | Today | Observed activity |
|---|---|---|---|---|
| BELFB | Bel Fuse Inc. | Technology | -3.6% | 1/1 observed active sessions |
| BELFA | Bel Fuse Inc. | Technology | -3.7% | 1/1 observed active sessions |
| MTSI | MACOM Technology Solutions Hold | Technology | -4.7% | Group member |
| INTC | Intel Corporation | Technology | -6.2% | Group member |
| GFS | GlobalFoundries Inc. | Technology | -7.3% | Group member |
| SITM | SiTime Corporation | Technology | -4.0% | 1/1 observed active sessions |
| PLAB | Photronics, Inc. | Technology | -4.4% | Group member |
Why we believe this
Cohort
7 namesParticipation
57% this sessionObserved history
6 daily buildsFiling coverage
6/7 membersproduct pipeline / R&D affecting expense
“Research and development expense increased in the three months ended April 3, 2026 primarily due to increases in employee-related costs, including increases in headcount, higher R&D-related material costs and share-based compensation expense.”
MTSI 10-Q
input costs affecting expense
“This increase in labor cost was partially offset by lower labor costs in the PRC due to the favorable fluctuation in the Chinese renminbi exchange rate versus the U.S. dollar.”
BELFB 10-K
This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.
Connected, outside the group
MBLY
INTCsupplier · Not moving with the group now
Filing receipt · MBLY / INTC
“Intel Corporation (“Intel”) acquired Mobileye for $15.3 billion in 2017, after which we became a wholly-owned subsidiary of Intel.”
INTC · supplier
QUIK
GFSsupplier · Moving with the group now · 115 min observed
Filing receipt · QUIK / GFS
“For our commercial products, we outsource wafer fabrication primarily to GlobalFoundries and Taiwan Semiconductor Manufacturing Company Limited ("TSMC").”
GFS · supplier
CRUS
GFSsupplier · Moving with the group now · 115 min observed
Filing receipt · CRUS / GFS
“We use a variety of foundries in the production of wafers, primarily supplied by GLOBALFOUNDRIES Inc., ("GlobalFoundries") and Taiwan Semiconductor Manufacturing Company…”
GFS · supplier
AMD
GFSsupplier · Moving with the group now · 115 min observed
Filing receipt · AMD / GFS
“Manufacturing Arrangements and Assembly and Test Facilities Third-Party Wafer Foundry Facilities We utilize Taiwan Semiconductor Manufacturing Company Limited (TSMC) for…”
GFS · supplier
TDY
SITMsupplier · Moving with the group now · 115 min observed
Filing receipt · TDY / SITM
“We use Robert Bosch LLC (“Bosch”) in Germany, Taiwan Semiconductor Manufacturing Company (“TSMC”) and United Microelectronics Corporation ("UMC") in Taiwan, and Teledyne…”
SITM · supplier
History
2026-07-021 observed active session · 100% of active names held across the episode