Philadelphia Semiconductor Index hits record 17-day win streak, surging 42% in April.

The Philadelphia Semiconductor Index (SOX) has achieved an unprecedented 17 consecutive days of gains, surpassing its previous record of 15 days from 2014. This rally has driven the index up approximately 42% in April, marking its largest monthly gain since February 2000. Semiconductor ETFs like iShares SOXX and VanEck SMH have also posted historic monthly returns, fueled by easing geopolitical tensions and a rebound in risk appetite. Key chipmakers Nvidia, AMD, Micron, and Broadcom have been major contributors, with AMD showing the strongest monthly gain of over 73%. The rally shows strong momentum with no signs of slowing down soon.