Nomura Small Cap Growth Fund on Kulicke & Soffa Industries Inc.
Thesis
Kulicke & Soffa is another semiconductor holding that benefited from capital-equipment and compound-semiconductor tailwinds. The fund's broader framework favors AI infrastructure beneficiaries whose growth is supported by demonstrated business quality rather than aspirational optionality. The position therefore represents the fund's quality-filtered approach to the semiconductor investment cycle.
“MKS Inc., MACOM Technology Solutions Holdings Inc., and Kulicke & Soffa Industries Inc. all posted strong gains”