11 assetsModerate risk1d

Precision Instruments for AI & Quantum

Bets on companies that test and measure AI chips, quantum computers, and advanced tech before they ship.

By Amaltash Advisors LLCAutomated, rules-basedVersion 4

Investment thesis

Every AI chip, quantum processor, and photonic circuit must pass through precision instruments before it ships. Keysight's test platforms validate qubits in Google and IonQ's quantum labs and certify every 5G base station going live. Teradyne's systems test high-bandwidth memory modules that NVIDIA needs for its next-gen GPUs. IPG Photonics' industrial lasers weld EV battery packs for Tesla and cut aircraft turbine blades for GE Aerospace. Cognex machine vision inspects 2 billion items per day across factory floors worldwide. These companies don't bet on which chip or which robot wins — they sell the measurement and testing layer that every deep tech company must buy. Semiconductor test equipment spending is projected to hit $8B by 2027, quantum computing hardware capex is growing at 30% CAGR, and AI datacom infrastructure is expected to exceed $150B. This strategy owns the tollbooth: if it gets built, it gets tested first.

How it works

  1. Owns companies selling testing equipment to big tech firms

  2. Buys when momentum looks good, sells when it weakens

  3. Tracks 10 specialized equipment makers plus the broader tech sector

  4. Rebalances daily based on price trends and market strength

Works best when

  • When big tech companies are spending heavily on new equipment
  • When the semiconductor and AI industries are growing steadily
  • When prices are climbing gradually with consistent buying pressure
  • When the overall tech sector is performing well

Watch out for

  • When tech spending freezes due to recession or budget cuts
  • When the market crashes suddenly and investors panic-sell
  • When individual equipment makers miss earnings or lose major customers
  • When interest rates spike and investors flee growth stocks

Performance

Backtested

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Hypothetical backtest results, risk numbers and stress-test outcomes are shown only to signed-in investors, after the advisory fee and alongside the S&P 500. Backtested results are not returns any account earned.

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Track record

Strategy created
May 19, 2026
Current version
Version 4
since Jun 29, 2026
Live track record
Not yet
no combined account history

Portfolio

11 holdings · target weights for version 4, as of Jun 29, 2026. Actual positions vary with signals.

Industrial instruments for measurement, display, and control26%Semiconductors & related devices22%Optical instruments & lenses17%Miscellaneous electrical machinery, equipment & supplies8%Plastics products, nec7%Measuring & controlling devices, nec7%Other13%
HoldingSectorTarget weightMarket cap
KEYS
Keysight Technologies, Inc.
Industrial instruments for measurement, display, and control
18%
$57.12B
COHR
Coherent Corp.
Optical instruments & lenses
17%
$47.18B
IPGP
IPG Photonics Corporation Common Stock
Semiconductors & related devices
15%
$3.21B
MKSI
MKS Inc. Common Stock
Industrial instruments for measurement, display, and control
8%
$14.76B
NOVT
Novanta Inc. Common Stock
Miscellaneous electrical machinery, equipment & supplies
8%
$5.70B
ENTG
Entegris, Inc. Common Stock
Plastics products, nec
7%
$24.34B
FORM
FormFactor, Inc. FormFactor, Inc. Common Stock
Semiconductors & related devices
7%
$8.62B
ONTO
Onto Innovation Inc.
Measuring & controlling devices, nec
7%
$10.98B
LITE
Lumentum Holdings Inc. Common Stock
Communications equipment, nec
7%
$82.79B
CEVA
CEVA, Inc. Common Stock
Services-computer programming, data processing, etc.
6%
$911.35M
XLK
State Street Technology Select Sector SPDR ETF
—
0%
—

Risk & rules

The automated rules that limit losses.

Per-position rules
Varies by holding · closes one position
Stop loss 12% to 18%Take profit 50%Leverage None

Stops trigger on the next available price. A price gap, overnight or in a fast market, can fill well below the 12% level.

Stress tests

Ten difficult markets, chosen in advance. Eight replay real trading days; two are modelled stand-ins.

MarketMethodResult
The Bull Run of 2016–17ModelledSign in to view
The 2020 ReboundReplaySign in to view
The 2022 SlumpReplaySign in to view
The COVID CrashReplaySign in to view
The Christmas 2018 ScareReplaySign in to view
The Year That Went NowhereModelledSign in to view
The Wild Swings of Late 2022ReplaySign in to view
The Quiet YearReplaySign in to view
The Magnificent Seven YearReplaySign in to view
When Tech Handed Over to OilReplaySign in to view

Fees

Licensing fee
None
Advisory fee
Up to 1.00% a year
On deployed capital, billed on your balance
Advisory fee on $10,000 at the maximum rate
1 year
$100
3 years
$300
5 years
$500

Assumes the balance stays at $10,000. Spreads and regulatory fees may also apply.

Documents

Form ADV Part 2ASEC ↗Form CRSPDF ↓Strategy prospectusSign in

Important information

Risk Disclosure: Trading in financial instruments involves substantial risk, including the possible loss of your entire investment, and may not be suitable for all investors. Prices can be affected by external factors such as financial, regulatory, or political events. Trading on margin or with leverage increases potential losses. Past performance is not indicative of future results.

Not Financial Advice: The information provided on this platform is for informational purposes only and does not constitute investment, financial, or trading advice. We do not recommend any particular trading strategy or instrument. Please conduct your own research and consult with a qualified financial advisor before making investment decisions.

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