# If Target Corporation moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/target · Facet: ripple · Updated: 2026-09-24T11:00:18.872994+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Target Corporation is directly linked to 4 companies (3 supply, 1 revenue relationships) and reaches 33 companies within two hops; the links are backed by 10 dated sources, 3 of them primary filings (as of 2026-09-24).

Target Corporation operates across U.S. omnichannel discount retailer. After -24.5% in 2025, it rebounded +72.9% in 2026. The stock (+72.9%) is ahead of both its demand side (avg +24.7%) and supply side (avg +22.2%). Having run ahead of its chain, it is the first spot to give back if customer numbers fail to follow. Among connected nodes the furthest ahead is Starbucks Corp (+26.3%) and the furthest behind is Apple (+18%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Its major outlays include merchandise procurement, logistics and digital fulfillment, payment processing, and partner operations.

## Demand chain (leading)
- T1 CVS Health (https://valuechain.wiki/cvs-health.md)
- T2 Elevance Health, Inc. (https://valuechain.wiki/elevance-health.md)

## Supply chain (benefiting)
- T1 Apple (https://valuechain.wiki/apple.md)
- T2 TSMC (https://valuechain.wiki/tsmc.md)
- T3 Applied Materials (https://valuechain.wiki/applied-materials.md)
- T3 Lam Research (https://valuechain.wiki/lam-research.md)
- T3 Siemens EDA (https://valuechain.wiki/siemens-eda.md)
- T3 SCREEN Holdings (https://valuechain.wiki/screen-holdings.md)
- T3 JSR Corporation (https://valuechain.wiki/jsr.md)
- T3 Lasertec (https://valuechain.wiki/lasertec.md)
- T3 Tokyo Ohka Kogyo (TOK) (https://valuechain.wiki/tokyo-ohka.md)
- T3 Disco Corporation (https://valuechain.wiki/disco.md)
- T3 Entegris (https://valuechain.wiki/entegris.md)
- T3 KLA (https://valuechain.wiki/kla.md)
- T3 Onto Innovation (https://valuechain.wiki/onto-innovation.md)
- T3 ASM International (https://valuechain.wiki/asm-international.md)
- T3 Resonac (https://valuechain.wiki/resonac.md)
- T3 Hitachi High-Tech (https://valuechain.wiki/hitachi-hightech.md)
- T3 BESI (https://valuechain.wiki/besi.md)
- T3 HPSP (https://valuechain.wiki/hpsp.md)
- T3 Tokyo Electron (TEL) (https://valuechain.wiki/tokyo-electron.md)
- T3 Shin-Etsu Chemical (https://valuechain.wiki/shin-etsu.md)
- T3 SUMCO Corporation (https://valuechain.wiki/sumco.md)
- T3 Synopsys (https://valuechain.wiki/synopsys.md)
- T3 Cadence Design Systems (https://valuechain.wiki/cadence.md)
- T3 GlobalWafers (https://valuechain.wiki/globalwafers.md)
- T3 Teradyne (https://valuechain.wiki/teradyne.md)
- T3 Advantest (https://valuechain.wiki/advantest.md)
- T3 Global Unichip (https://valuechain.wiki/global-unichip.md)
- T3 Ebara (https://valuechain.wiki/ebara.md)
- T3 Linde (https://valuechain.wiki/linde.md)
- T3 Air Liquide (https://valuechain.wiki/air-liquide.md)
- T3 Fujimi Incorporated (https://valuechain.wiki/fujimi.md)
- T3 Leeno Industrial (https://valuechain.wiki/leeno.md)
- T3 Photronics (https://valuechain.wiki/photronics.md)
- T3 ASML (https://valuechain.wiki/asml.md)
- T3 Qnity Electronics (https://valuechain.wiki/qnity-electronics.md)
- T3 EO Technics (https://valuechain.wiki/eo-technics.md)
- T2 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T3 ASMPT (https://valuechain.wiki/asmpt.md)
- T3 Hanmi Semiconductor (https://valuechain.wiki/hanmi-semiconductor.md)
- T3 SFA Semicon (https://valuechain.wiki/sfa-semicon.md)
- T3 Daeduck Electronics (https://valuechain.wiki/daeduck.md)
- T3 Uni Test (https://valuechain.wiki/unitest.md)
- T3 Wonik QnC (https://valuechain.wiki/wonik-qnc.md)
- T3 MediaTek (https://valuechain.wiki/mediatek.md)
- T3 Wonik IPS (https://valuechain.wiki/wonik-ips.md)
- T3 Foosung (https://valuechain.wiki/foosung.md)
- T3 JCET (Jiangsu Changjiang Electronics) (https://valuechain.wiki/jcet.md)
- T3 Merck KGaA (EMD) (https://valuechain.wiki/merck-kgaa.md)
- T3 Nepes (https://valuechain.wiki/nepes.md)
- T3 Montage Technology (https://valuechain.wiki/montage.md)
- T3 KC Tech (https://valuechain.wiki/kc-tech.md)
- T3 SK Siltron (https://valuechain.wiki/sk-siltron.md)
- T3 S&S Tech (https://valuechain.wiki/sns-tech.md)
- T3 Arm Holdings (https://valuechain.wiki/arm.md)
- T3 Camtek (https://valuechain.wiki/camtek.md)
- T3 Samsung Electro-Mechanics (https://valuechain.wiki/samsung-electro-mechanics.md)
- T3 Cohu (https://valuechain.wiki/cohu.md)
- T3 LG Innotek (https://valuechain.wiki/lg-innotek.md)
- T3 ENF Technology (https://valuechain.wiki/enf-technology.md)
- T3 Dongjin Semichem (https://valuechain.wiki/dongjin-semichem.md)
- T3 Soulbrain (https://valuechain.wiki/soulbrain.md)
- T3 Hana Materials (https://valuechain.wiki/hana-materials.md)
- T3 Jusung Engineering (https://valuechain.wiki/jusung-engineering.md)
- T3 PSK Inc (https://valuechain.wiki/psk-inc.md)
- T3 Eugene Technology (https://valuechain.wiki/eugene-tech.md)
- T3 ISC (https://valuechain.wiki/isc.md)
- T3 Park Systems (https://valuechain.wiki/park-systems.md)
- T3 Qorvo (https://valuechain.wiki/qorvo.md)
- T3 LG Display (https://valuechain.wiki/lg-display.md)
- T3 Hana Micron (https://valuechain.wiki/hana-micron.md)
- T3 Kokusai Electric (https://valuechain.wiki/kokusai-electric.md)
- T3 Powertech Technology (PTI) (https://valuechain.wiki/powertech.md)
- T3 FormFactor (https://valuechain.wiki/formfactor.md)
- T3 Simmtech (https://valuechain.wiki/simmtech.md)
- T3 Arteris (https://valuechain.wiki/arteris.md)
- T3 Samsung E&A (https://valuechain.wiki/samsung-e-a.md)
- T3 Air Products and Chemicals (https://valuechain.wiki/air-products.md)
- T3 Sumitomo Chemical (https://valuechain.wiki/sumitomo-chemical.md)
- T2 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T3 Hanwha Semitech (https://valuechain.wiki/hanwha-semitech.md)
- T3 SK Square (https://valuechain.wiki/sk-square.md)
- T3 ACM Research (https://valuechain.wiki/acm-research.md)
- T2 Micron Technology (https://valuechain.wiki/micron.md)
- T3 Ecopro HN (https://valuechain.wiki/ecopro-hn.md)
- T2 Broadcom (https://valuechain.wiki/broadcom.md)
- T3 United Microelectronics (UMC) (https://valuechain.wiki/umc.md)
- T3 Keysight Technologies (https://valuechain.wiki/keysight.md)
- T3 Toppan Printing (https://valuechain.wiki/toppan-printing.md)
- T2 Sony Semiconductor Solutions (https://valuechain.wiki/sony-semiconductor.md)
- T2 NXP Semiconductors (https://valuechain.wiki/nxp.md)
- T2 Texas Instruments (https://valuechain.wiki/texas-instruments.md)
- T2 Amkor Technology (https://valuechain.wiki/amkor.md)
- T3 Kulicke & Soffa (https://valuechain.wiki/kulicke-soffa.md)
- T2 Infineon Technologies (https://valuechain.wiki/infineon.md)
- T3 Wolfspeed (https://valuechain.wiki/wolfspeed.md)
- T2 STMicroelectronics (https://valuechain.wiki/stmicroelectronics.md)
- T2 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T3 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 Delta Electronics (https://valuechain.wiki/delta-electronics.md)
- T3 UBTech Robotics (https://valuechain.wiki/ubtech.md)
- T3 Murata Manufacturing (https://valuechain.wiki/murata.md)
- T3 Amphenol (https://valuechain.wiki/amphenol.md)
- T3 TE Connectivity (https://valuechain.wiki/te-connectivity.md)
- T3 FANUC (https://valuechain.wiki/fanuc.md)
- T2 Qualcomm (https://valuechain.wiki/qualcomm.md)
- T3 King Yuan Electronics (KYEC) (https://valuechain.wiki/kyec.md)
- T3 Soitec (https://valuechain.wiki/soitec.md)
- T3 SMIC (https://valuechain.wiki/smic.md)
- T2 Luxshare Precision (https://valuechain.wiki/luxshare.md)
- T2 Globalstar (https://valuechain.wiki/globalstar.md)
- T3 SpaceX (https://valuechain.wiki/spacex.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T3 MDA Space (https://valuechain.wiki/mda-space.md)
- T2 Fujikura (https://valuechain.wiki/fujikura.md)
- T2 Berkshire Hathaway (https://valuechain.wiki/berkshire-hathaway.md)
- T3 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Itochu (https://valuechain.wiki/itochu.md)
- T3 Mitsubishi (https://valuechain.wiki/mitsubishi.md)
- T3 UnitedHealth Group Incorporated (https://valuechain.wiki/unitedhealth-group.md)
- T3 The Kraft Heinz Company (https://valuechain.wiki/kraft-heinz.md)
- T3 VeriSign, Inc. (https://valuechain.wiki/verisign.md)
- T3 American Express (https://valuechain.wiki/american-express.md)
- T2 Analog Devices (https://valuechain.wiki/analog-devices.md)
- T2 Alibaba Group (https://valuechain.wiki/alibaba.md)
- T3 Ralph Lauren Corporation (https://valuechain.wiki/ralph-lauren.md)
- T2 Sunny Optical (https://valuechain.wiki/sunny-optical.md)
- T2 BYD Electronics (https://valuechain.wiki/byd-electronics.md)
- T3 BYD (https://valuechain.wiki/byd.md)
- T2 Skyworks Solutions (https://valuechain.wiki/skyworks-solutions.md)
- T2 Pegatron (https://valuechain.wiki/pegatron.md)
- T2 Jabil (https://valuechain.wiki/jabil.md)
- T2 Kyocera (https://valuechain.wiki/kyocera.md)
- T2 Take-Two Interactive Software, Inc. (https://valuechain.wiki/take-two-interactive.md)
- T3 Microsoft (https://valuechain.wiki/microsoft.md)
- T2 Las Vegas Sands Corp. (https://valuechain.wiki/las-vegas-sands.md)
- T3 Marriott International, Inc. (https://valuechain.wiki/marriott-international.md)
- T3 Sands China (https://valuechain.wiki/sands-china.md)
- T1 Starbucks Corp (https://valuechain.wiki/starbucks.md)
- T1 Ulta Beauty, Inc. (https://valuechain.wiki/ulta-beauty.md)
- T2 The Estée Lauder Companies Inc. (https://valuechain.wiki/est-e-lauder-companies.md)
- T3 International Flavors & Fragrances (https://valuechain.wiki/international-flavors-fragrances.md)
- T3 Shopify (https://valuechain.wiki/shopify.md)

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