U.S. semiconductor stocks continue to rise, reaching an all-time high and increasing their share in the S&P 500 index to 12.1%. Nvidia plays a key role in this success.
Leaders of the Semiconductor Sector
According to recent data, Nvidia accounted for 56% of the semiconductor sector's market cap. After a 63% rise in stock value since April, Nvidia reached a record of $3.8 trillion. Other companies like Broadcom only make up 20% of the market. In June alone, semiconductor stocks led to a 15% increase in the S&P 500 index, outperforming all other industries.
Trade Policy and Its Market Impact
Despite strong quarterly reports, Micron's shares fell by 1.4%. However, their stock price has nearly doubled since April. While Wall Street experiences gains, former President Trump is considering replacing Jerome Powell as Fed Chair, which is also affecting market expectations.
Crypto Market and AI Tokens
Amid Bitcoin's rise, AI-linked tokens are showing declines. The market cap of cryptocurrency associated with artificial intelligence dropped by 3% to $27.08 billion, while Bitcoin's price reached $107,409, just 4.1% below its all-time high.
Semiconductor stocks continue to grow actively, confirming their importance in the market. Meanwhile, trade policy and fluctuations in credit markets could impact this dynamic in the future.
