# If Waters Corporation moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/waters · Facet: ripple · Updated: 2026-09-12T00:47:57.680597+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Waters Corporation is directly linked to 3 companies (3 supply, 0 revenue relationships) and reaches 46 companies within two hops; the links are backed by 6 dated sources, 1 of them primary filings (as of 2026-09-12).

Waters Corporation operates across Analytical instruments and laboratory software. It is +7.8% in 2026. The supply side (avg +200.7%) leads the stock (+7.8%), with spending rippling down to suppliers first. Among connected nodes the furthest ahead is Dell Technologies (+320.2%) and the furthest behind is Amazon (+12%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. In 2026, Waters expanded into life sciences and diagnostics by combining with BD's Biosciences and Diagnostic Solutions businesses.

## Supply chain (benefiting)
- T1 Lenovo (https://valuechain.wiki/lenovo.md)
- T2 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T3 Micron Technology (https://valuechain.wiki/micron.md)
- T3 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T3 Siemens EDA (https://valuechain.wiki/siemens-eda.md)
- T3 TSMC (https://valuechain.wiki/tsmc.md)
- T3 Coherent (https://valuechain.wiki/coherent.md)
- T3 Monolithic Power (https://valuechain.wiki/monolithic-power.md)
- T3 Kioxia (https://valuechain.wiki/kioxia.md)
- T3 ASE Technology (https://valuechain.wiki/ase.md)
- T3 Nan Ya PCB (https://valuechain.wiki/nanya-pcb.md)
- T3 Synopsys (https://valuechain.wiki/synopsys.md)
- T3 Cadence Design Systems (https://valuechain.wiki/cadence.md)
- T3 Arm Holdings (https://valuechain.wiki/arm.md)
- T3 Unimicron (https://valuechain.wiki/unimicron.md)
- T3 Advantest (https://valuechain.wiki/advantest.md)
- T3 Teradyne (https://valuechain.wiki/teradyne.md)
- T3 LG Innotek (https://valuechain.wiki/lg-innotek.md)
- T3 OpenAI (https://valuechain.wiki/openai.md)
- T3 Lumentum (https://valuechain.wiki/lumentum.md)
- T3 Fabrinet (https://valuechain.wiki/fabrinet.md)
- T3 Eoptolink (https://valuechain.wiki/eoptolink.md)
- T3 Keysight Technologies (https://valuechain.wiki/keysight.md)
- T3 Amphenol (https://valuechain.wiki/amphenol.md)
- T3 Corning (https://valuechain.wiki/corning.md)
- T3 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 ABB (https://valuechain.wiki/abb.md)
- T3 Murata Manufacturing (https://valuechain.wiki/murata.md)
- T3 Recursion Pharmaceuticals (https://valuechain.wiki/recursion.md)
- T3 onsemi (https://valuechain.wiki/onsemi.md)
- T3 BlackRock (https://valuechain.wiki/blackrock.md)
- T3 Analog Devices (https://valuechain.wiki/analog-devices.md)
- T3 MediaTek (https://valuechain.wiki/mediatek.md)
- T3 BYD Electronics (https://valuechain.wiki/byd-electronics.md)
- T3 Wistron (https://valuechain.wiki/wistron.md)
- T3 Pegatron (https://valuechain.wiki/pegatron.md)
- T3 Samsung Electro-Mechanics (https://valuechain.wiki/samsung-electro-mechanics.md)
- T3 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T3 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Ibiden (https://valuechain.wiki/ibiden.md)
- T3 Luxshare Precision (https://valuechain.wiki/luxshare.md)
- T3 King Yuan Electronics (KYEC) (https://valuechain.wiki/kyec.md)
- T3 InnoLight (https://valuechain.wiki/innolight.md)
- T3 Delta Electronics (https://valuechain.wiki/delta-electronics.md)
- T3 TE Connectivity (https://valuechain.wiki/te-connectivity.md)
- T3 Digital Realty (https://valuechain.wiki/digital-realty.md)
- T2 Intel (https://valuechain.wiki/intel.md)
- T3 ASML (https://valuechain.wiki/asml.md)
- T3 Simmtech (https://valuechain.wiki/simmtech.md)
- T3 SCREEN Holdings (https://valuechain.wiki/screen-holdings.md)
- T3 Applied Materials (https://valuechain.wiki/applied-materials.md)
- T3 Lasertec (https://valuechain.wiki/lasertec.md)
- T3 KLA (https://valuechain.wiki/kla.md)
- T3 Tokyo Ohka Kogyo (TOK) (https://valuechain.wiki/tokyo-ohka.md)
- T3 ASM International (https://valuechain.wiki/asm-international.md)
- T3 JSR Corporation (https://valuechain.wiki/jsr.md)
- T3 Entegris (https://valuechain.wiki/entegris.md)
- T3 BESI (https://valuechain.wiki/besi.md)
- T3 HPSP (https://valuechain.wiki/hpsp.md)
- T3 PSK Inc (https://valuechain.wiki/psk-inc.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 GlobalWafers (https://valuechain.wiki/globalwafers.md)
- T3 Shinko Electric Industries (https://valuechain.wiki/shinko.md)
- T3 AT&S (https://valuechain.wiki/at-s.md)
- T3 Linde (https://valuechain.wiki/linde.md)
- T3 Mobileye (https://valuechain.wiki/mobileye.md)
- T3 Merck KGaA (EMD) (https://valuechain.wiki/merck-kgaa.md)
- T3 Photronics (https://valuechain.wiki/photronics.md)
- T3 Nikon (https://valuechain.wiki/nikon.md)
- T1 Amazon (https://valuechain.wiki/amazon.md)
- T2 Quanta Computer (https://valuechain.wiki/quanta.md)
- T3 Rigetti Computing (https://valuechain.wiki/rigetti.md)
- T2 Seagate Technology (https://valuechain.wiki/seagate.md)
- T3 Hoya Corporation (https://valuechain.wiki/hoya.md)
- T3 Phison Electronics (https://valuechain.wiki/phison.md)
- T2 Credo Technology (https://valuechain.wiki/credo.md)
- T2 Marvell (https://valuechain.wiki/marvell.md)
- T2 Alchip Technologies (https://valuechain.wiki/alchip.md)
- T2 SanDisk (https://valuechain.wiki/sandisk.md)
- T3 Lam Research (https://valuechain.wiki/lam-research.md)
- T2 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T3 UBTech Robotics (https://valuechain.wiki/ubtech.md)
- T3 FANUC (https://valuechain.wiki/fanuc.md)
- T2 Arista Networks (https://valuechain.wiki/arista.md)
- T3 Broadcom (https://valuechain.wiki/broadcom.md)
- T2 Anthropic (https://valuechain.wiki/anthropic.md)
- T3 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 SK Telecom (https://valuechain.wiki/sk-telecom.md)
- T2 Wiwynn (https://valuechain.wiki/wiwynn.md)
- T2 IonQ (https://valuechain.wiki/ionq.md)
- T2 D-Wave Quantum (https://valuechain.wiki/d-wave.md)
- T2 Eaton (https://valuechain.wiki/eaton.md)
- T2 Schneider Electric (https://valuechain.wiki/schneider-electric.md)
- T2 GE Vernova (https://valuechain.wiki/ge-vernova.md)
- T3 Workday, Inc. (https://valuechain.wiki/workday.md)
- T2 Vistra (https://valuechain.wiki/vistra.md)
- T3 Cameco (https://valuechain.wiki/cameco.md)
- T3 Williams Companies (https://valuechain.wiki/williams.md)
- T3 CenterPoint Energy (https://valuechain.wiki/centerpoint-energy.md)
- T2 Quantum Computing Inc (https://valuechain.wiki/qubt.md)
- T2 Talen Energy (https://valuechain.wiki/talen-energy.md)
- T2 Ciena (https://valuechain.wiki/ciena.md)
- T3 Sumitomo Electric (https://valuechain.wiki/sumitomo-electric.md)
- T2 Cerebras Systems (https://valuechain.wiki/cerebras.md)
- T2 Globalstar (https://valuechain.wiki/globalstar.md)
- T3 SpaceX (https://valuechain.wiki/spacex.md)
- T3 MDA Space (https://valuechain.wiki/mda-space.md)
- T2 Cummins (https://valuechain.wiki/cummins.md)
- T3 United Rentals (https://valuechain.wiki/united-rentals.md)
- T2 Caterpillar (https://valuechain.wiki/caterpillar.md)
- T3 Nucor Corporation (https://valuechain.wiki/nucor.md)
- T2 Celestica (https://valuechain.wiki/celestica.md)
- T2 Nike (https://valuechain.wiki/nike.md)
- T2 Amorepacific (https://valuechain.wiki/amorepacific.md)
- T2 Procter & Gamble (https://valuechain.wiki/procter-gamble.md)
- T3 Meta Platforms (https://valuechain.wiki/meta.md)
- T3 Dow Inc. (https://valuechain.wiki/dow.md)
- T3 International Flavors & Fragrances (https://valuechain.wiki/international-flavors-fragrances.md)
- T2 ArianeGroup (https://valuechain.wiki/arianegroup.md)
- T3 Avio (https://valuechain.wiki/avio.md)
- T3 Airbus (https://valuechain.wiki/airbus.md)
- T2 Jabil (https://valuechain.wiki/jabil.md)
- T2 Exelon (https://valuechain.wiki/exelon.md)
- T2 Abbott Laboratories (https://valuechain.wiki/abbott-laboratories.md)
- T3 Illumina (https://valuechain.wiki/illumina.md)
- T2 United Parcel Service, Inc. (https://valuechain.wiki/united-parcel-service.md)
- T3 Boeing (https://valuechain.wiki/boeing.md)
- T3 Union Pacific Corporation (https://valuechain.wiki/union-pacific.md)
- T2 FedEx (https://valuechain.wiki/fedex.md)
- T3 Textron (https://valuechain.wiki/textron.md)
- T2 Colgate-Palmolive Company (https://valuechain.wiki/colgate-palmolive.md)
- T2 Norfolk Southern (https://valuechain.wiki/norfolk-southern.md)
- T3 Wabtec Corporation (https://valuechain.wiki/wabtec.md)
- T2 Occidental Petroleum (https://valuechain.wiki/occidental-petroleum.md)
- T2 Entergy (https://valuechain.wiki/entergy.md)
- T3 NextEra Energy (https://valuechain.wiki/nextera-energy.md)
- T2 The Estée Lauder Companies Inc. (https://valuechain.wiki/est-e-lauder-companies.md)
- T3 Shopify (https://valuechain.wiki/shopify.md)
- T2 Ameren Corporation (https://valuechain.wiki/ameren.md)
- T2 Church & Dwight Co., Inc. (https://valuechain.wiki/church-dwight.md)
- T2 Omnicom Group Inc. (https://valuechain.wiki/omnicom-group.md)
- T1 Dell Technologies (https://valuechain.wiki/dell.md)

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