
Chip Stocks' Record Streak: AI Demand Fuels Semiconductor Rally
The PHLX Semiconductor index is on a record-breaking winning streak, driven by surging demand in the Artificial Intelligence (AI) sector. This rally is bolstered by strong quarterly earnings beats from major companies like Taiwan Semiconductor and Broadcom. Key stocks such as Credo Technology and Astera Labs have seen significant gains, propelling broader indices like the S&P 500 to record highs. However, analysts caution that the sector remains vulnerable to geopolitical risks and dependencies on critical global supplies, such as helium.






















