Semiconductor capital equipment suppliers are driven more by generational chop changes, yield improvement, and new capacity growth, says Jeff Travis on KLA Corp. (KLAC). He discusses why semiconductors could bounce in 2023. He notes that a good portion of KLAC's revenues comes from services business as well as manufacturing development/R&D. He then goes over Microchip Technology (MCHP) which has exposure to several secular growth trends such as internet of thing, data centers, and E.V.'s and vehicle automation. Tom White then joins to demonstrate example trades using KLAC and MCHP. Tune in to find out more about the stock market today.