# If JSR Corporation moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/jsr · Facet: ripple · Updated: 2026-07-12T08:27:57.697+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, JSR Corporation is directly linked to 4 companies (1 supply, 3 revenue relationships) and reaches 28 companies within two hops; the links are backed by 7 dated sources, 2 of them primary filings (as of 2026-07-12).

An EUV and ArF photoresist maker (returns not tracked given its listing structure). A late-beneficiary structure as its foundry and memory customers (TSMC, Samsung above Wiwynn, Intel, Marvell) rise first and EUV materials follow. As EUV lithography expands, resist consumption grows, an essentials chokepoint forming a lithography-materials oligopoly with Tokyo Ohka and Shin-Etsu.

## Demand chain (leading)
- T1 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T2 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T3 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Meta Platforms (https://valuechain.wiki/meta.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T3 Super Micro (https://valuechain.wiki/super-micro.md)
- T3 Anthropic (https://valuechain.wiki/anthropic.md)
- T3 IREN (https://valuechain.wiki/iren.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 Aurora Innovation (https://valuechain.wiki/aurora.md)
- T3 TeraWulf (https://valuechain.wiki/terawulf.md)
- T3 Pony.ai (https://valuechain.wiki/pony-ai.md)
- T3 Wiwynn (https://valuechain.wiki/wiwynn.md)
- T3 Rigetti Computing (https://valuechain.wiki/rigetti.md)
- T3 Quanta Computer (https://valuechain.wiki/quanta.md)
- T3 Dell Technologies (https://valuechain.wiki/dell.md)
- T3 CrowdStrike (https://valuechain.wiki/crowdstrike.md)
- T3 Datadog (https://valuechain.wiki/datadog.md)
- T3 Snowflake (https://valuechain.wiki/snowflake.md)
- T3 Oracle (https://valuechain.wiki/oracle.md)
- T3 Lenovo (https://valuechain.wiki/lenovo.md)
- T3 ServiceNow (https://valuechain.wiki/servicenow.md)
- T3 Hewlett Packard Enterprise (https://valuechain.wiki/hpe.md)
- T3 Tesla (https://valuechain.wiki/tesla.md)
- T3 Palantir Technologies (https://valuechain.wiki/palantir.md)
- T3 Kratos Defense (https://valuechain.wiki/kratos.md)
- T3 Schrodinger (https://valuechain.wiki/schrodinger.md)
- T3 Toyota Motor Corporation (https://valuechain.wiki/toyota.md)
- T3 Uber (https://valuechain.wiki/uber.md)
- T3 SK Telecom (https://valuechain.wiki/sk-telecom.md)
- T3 Illumina (https://valuechain.wiki/illumina.md)
- T3 General Motors (https://valuechain.wiki/general-motors.md)
- T3 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T3 Gigabyte Technology (https://valuechain.wiki/gigabyte.md)
- T3 ASUSTeK Computer (https://valuechain.wiki/asustek.md)
- T3 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Wistron (https://valuechain.wiki/wistron.md)
- T3 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T3 Celestica (https://valuechain.wiki/celestica.md)
- T3 Geely Auto (https://valuechain.wiki/geely-auto.md)
- T3 Baidu (https://valuechain.wiki/baidu.md)
- T3 IonQ (https://valuechain.wiki/ionq.md)
- T3 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 Cloudflare (https://valuechain.wiki/cloudflare.md)
- T3 Alibaba Group (https://valuechain.wiki/alibaba.md)
- T3 Mercury Systems (https://valuechain.wiki/mercury-systems.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 Tempus AI (https://valuechain.wiki/tempus-ai.md)
- T3 Tencent Holdings Limited (https://valuechain.wiki/tencent-holdings-limited.md)
- T3 IBM (https://valuechain.wiki/ibm.md)
- T3 Schlumberger (https://valuechain.wiki/schlumberger.md)
- T3 Agilent Technologies, Inc. (https://valuechain.wiki/agilent-technologies.md)
- T3 Yum! Brands (https://valuechain.wiki/yum-brands.md)
- T3 GE HealthCare Technologies Inc. (https://valuechain.wiki/ge-healthcare.md)
- T2 Qualcomm (https://valuechain.wiki/qualcomm.md)
- T3 Apple (https://valuechain.wiki/apple.md)
- T3 Xiaomi (https://valuechain.wiki/xiaomi.md)
- T3 LG Electronics (https://valuechain.wiki/lg-electronics.md)
- T3 Kyocera (https://valuechain.wiki/kyocera.md)
- T2 Marvell (https://valuechain.wiki/marvell.md)
- T3 Arista Networks (https://valuechain.wiki/arista.md)
- T2 Broadcom (https://valuechain.wiki/broadcom.md)
- T3 Eoptolink (https://valuechain.wiki/eoptolink.md)
- T3 NetApp, Inc. (https://valuechain.wiki/netapp.md)
- T2 AMD (https://valuechain.wiki/amd.md)
- T1 TSMC (https://valuechain.wiki/tsmc.md)
- T2 Intel (https://valuechain.wiki/intel.md)
- T3 HP Inc. (https://valuechain.wiki/hp.md)
- T3 F5, Inc. (https://valuechain.wiki/f5.md)
- T2 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T2 Sony Semiconductor Solutions (https://valuechain.wiki/sony-semiconductor.md)
- T3 Nikon (https://valuechain.wiki/nikon.md)
- T2 Alchip Technologies (https://valuechain.wiki/alchip.md)
- T2 Credo Technology (https://valuechain.wiki/credo.md)
- T2 Global Unichip (https://valuechain.wiki/global-unichip.md)
- T3 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T2 NXP Semiconductors (https://valuechain.wiki/nxp.md)
- T3 Honeywell Technologies (https://valuechain.wiki/honeywell-technologies.md)
- T3 Hubbell Incorporated (https://valuechain.wiki/hubbell-incorporated.md)
- T2 MediaTek (https://valuechain.wiki/mediatek.md)
- T2 Renesas Electronics (https://valuechain.wiki/renesas.md)
- T2 Mobileye (https://valuechain.wiki/mobileye.md)
- T2 Analog Devices (https://valuechain.wiki/analog-devices.md)
- T2 Microchip Technology (https://valuechain.wiki/microchip.md)
- T2 Cisco (https://valuechain.wiki/cisco.md)
- T2 Montage Technology (https://valuechain.wiki/montage.md)
- T2 Phison Electronics (https://valuechain.wiki/phison.md)
- T3 Seagate Technology (https://valuechain.wiki/seagate.md)
- T2 Cerebras Systems (https://valuechain.wiki/cerebras.md)
- T2 Ambarella (https://valuechain.wiki/ambarella.md)
- T3 AeroVironment (https://valuechain.wiki/aerovironment.md)
- T2 Realtek (https://valuechain.wiki/realtek.md)
- T2 Fortinet (https://valuechain.wiki/fortinet.md)
- T2 Will Semiconductor (https://valuechain.wiki/will-semiconductor.md)

## Supply chain (benefiting)
- T1 Yokogawa Electric (https://valuechain.wiki/yokogawa-electric.md)

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Full node: https://valuechain.wiki/jsr.md · JSON: https://valuechain.wiki/jsr.json