The Invesco PHLX Semiconductor ETF (SOXQ) has surged 94% year-to-date through June 2, 2026, vastly outperforming the S&P 500's 11% gain. This rally is driven by strong AI-related demand for semiconductor chips, led by major holdings like AMD, Broadcom, Taiwan Semiconductor, and NVIDIA. While NVIDIA showed slower gains recently, the sector's growth is supported by robust AI capital expenditures from tech giants and chipmakers' ambitious revenue targets. Investors should watch upcoming earnings reports and hyperscaler spending for signs of continued momentum or a potential slowdown.
Goldman Sachs projects annual AI capital spending to reach $765 billion by 2026 and $1.6 trillion by 2031, driving growth in AI-focused investment funds. Three active or active-leaning ETFs—iShares A.I. Innovation and Tech Active ETF (BAI), iShares F...
AMD shares have jumped 55% over the past month, driven by strong AI data center demand and impressive Q1 2026 results, including 38% revenue growth and a 57% increase in Data Center revenue. Intel, while growing more slowly with 7% revenue growth and...
The Invesco PHLX Semiconductor ETF (SOXQ) surged 165% from May 2025 to May 2026, driven by strong AI-related demand boosting semiconductor prices and sales. The fund, tracking the top 30 U.S. semiconductor stocks, benefits from a market-cap-weighted ...
US Representative Josh Gottheimer disclosed purchases of stocks in four major AI chip companies: Advanced Micro Devices, Micron Technology, Analog Devices, and Fabrinet. These buys, made between May 1 and May 21, 2026, reflect his position on the Hou...
Amazon has quietly built a semiconductor operation generating about $20 billion annually, growing over 100% yearly, focused on custom chips like Graviton CPUs and Trainium AI accelerators for its AWS cloud infrastructure. This internal chip business ...
