US / EU / Japan · Materials
Specialty & Industrial Gases
Fabs need ultra-pure nitrogen, hydrogen, neon, helium and fluorine compounds on long contracts. Helium-3 for cryogenics is genuinely scarce.
Air separation→Purification→Delivery→Fab
52
Tightness score ⓘ
#44 of 56
■ Stable
Lead time
12–24 mo
Theme 1M
+9.5%% in uptrend
100%Metric to watch
New fab gas contracts, helium supply, and neon sourcing outside Ukraine/Russia.
What would prove us wrong
Weakens if fab construction slows and on-site gas plants sit underused.
Gases theme performance
Equal-weight · rebased 100 · 1YStocks we track
Who controls this bottleneck
Roles, not recommendations. Delayed prices; local currency.
| Stock | Role | Listing | Last | 1D | 1M | 3M | YTD | Off 52w high | Trend | Next earnings |
|---|---|---|---|---|---|---|---|---|---|---|
| LIN Linde |
Industrial and electronic gases | NASDAQ US |
$522.5 | −0.77% | +6.0% | +8.6% | +23.7% | −4.1% | 2026-10-29 | |
| APD Air Products |
Fab gases and on-site plants | NYSE US |
$316.2 | +0.32% | +8.1% | +3.0% | +31.4% | −0.8% | 2027-01-29 | |
| AI.PA Air Liquide |
Electronics specialty gases | Euronext France |
€192.8 | +0.35% | +13.2% | +15.6% | +35.2% | 0.0% | — | |
| 4091.T Nippon Sanso |
Industrial gases for Asian fabs | TSE Japan |
¥6,090.0 | +1.30% | +10.5% | +1.3% | +32.0% | −4.3% | 2027-02-04 |