The total market value of semiconductor companies now accounts for 13% of the total market value of U.S. stocks, which is 4 times higher than four years ago. Investors are pouring real money into semiconductor ETFs at a record-breaking pace. Over the past 8 months, U.S. semiconductor ETFs have seen net inflows in 7 of those months, setting the strongest cash inflow record in nearly two years. Of course, big bear Michael Burry is still aggressively shorting.