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        <fairValLevel>1</fairValLevel>
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        <name>FIDELITY REVERE STREET TRUST</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ADVANCED ENERGY INDUSTRIES INC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>XEROX HOLDINGS CORP</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>TOWER SEMICONDUCTOR LTD</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>COMMSCOPE HLDG CO INC</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>PLANTRONICS INC NEW</name>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ON SEMICONDUCTOR CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MEDIATEK INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SEMTECH CORP</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MICROCHIP TECHNOLOGY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>II-VI INC</name>
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        <name>SMART GLOBAL HOLDINGS INC</name>
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        <name>XILINX INC</name>
        <lei>6EY4K7ZMF9UX1CU6KC79</lei>
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        <cusip>983919101</cusip>
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          <isin value="US9839191015"/>
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        <curCd>USD</curCd>
        <valUSD>171738930.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INTEL CORP</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>INTEL CORP</title>
        <cusip>458140100</cusip>
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          <isin value="US4581401001"/>
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        <balance>6408796.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>355816353.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WESTERN DIGITAL CORP</name>
        <lei>549300QQXOOYEF89IC56</lei>
        <title>WESTERN DIGITAL CORP</title>
        <cusip>958102105</cusip>
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          <isin value="US9581021055"/>
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        <balance>1219400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>67749864.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CIRRUS LOGIC INC.</name>
        <lei>549300NKSJEM5ZZSSV18</lei>
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        <cusip>172755100</cusip>
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          <isin value="US1727551004"/>
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        <balance>21400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1468896.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIDELITY REVERE STREET TRUST</name>
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        <cusip>31635A105</cusip>
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          <isin value="US31635A1051"/>
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        <balance>38639239.58700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>38646967.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARROW ELECTRONICS INC</name>
        <lei>549300YNNLBXT8N8R512</lei>
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        <cusip>042735100</cusip>
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          <isin value="US0427351004"/>
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        <balance>177000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11869620.00000000</valUSD>
        <pctVal>0.310210086827</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NVIDIA CORP</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA CORP</title>
        <cusip>67066G104</cusip>
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          <isin value="US67066G1040"/>
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        <balance>1616092.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>436457966.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
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        <balance>1334850.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MICRO FOCUS INTERNATIONAL PLC</name>
        <lei>213800F8E4X648142844</lei>
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        <balance>1279800.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LAM RESEARCH CORP</name>
        <lei>549300I4GMO6D34U1T02</lei>
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        <cusip>512807108</cusip>
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        <balance>403073.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DXC TECHNOLOGY CO</name>
        <lei>549300DOVZ3EDJB7O259</lei>
        <title>DXC TECHNOLOGY CO</title>
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        <balance>1242500.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QUALCOMM INC</name>
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        <title>QUALCOMM INC</title>
        <cusip>747525103</cusip>
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        <balance>5530784.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MKS INSTRUMENTS INC</name>
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        <balance>158600.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>QORVO INC</name>
        <lei>254900YAUJV2EUEVBR11</lei>
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        <balance>117524.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CREE INC</name>
        <lei>549300OGU88P3AW3TO93</lei>
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        <balance>32400.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1449252.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SANKEN ELECTRIC CO LTD</name>
        <lei>529900516DFVRCC25K90</lei>
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          <isin value="JP3329600005"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SKYWORKS SOLUTIONS INC</name>
        <lei>549300WZ3ORQ2BVKBD96</lei>
        <title>SKYWORKS SOLUTIONS INC</title>
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          <isin value="US83088M1027"/>
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        <balance>792173.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>79359891.14000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TTM TECHNOLOGIES INC</name>
        <lei>549300SC4BDOIS008048</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DIALOG SEMICONDUCTOR PLC</name>
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        <title>DIALOG SEMICONDUCTOR PLC (GER)</title>
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        <balance>163600.00000000</balance>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>XPERI CORP</name>
        <lei>529900L3ZKEYH5WX3L03</lei>
        <title>EXPERI CORP</title>
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          <isin value="US98421B1008"/>
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        <balance>1559570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26809008.30000000</valUSD>
        <pctVal>0.700647939234</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>APPLIED MATERIALS INC</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>MICRON TECHNOLOGY INC</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>MICRON TECHNOLOGY INC</title>
        <cusip>595112103</cusip>
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        <balance>5866360.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308335881.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-03-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Stacie M. Smith</ncom:nameOfApplicant>
      <ncom:signature>Stacie M. Smith</ncom:signature>
      <ncom:signerName>Stacie M. Smith</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
