The market value of the semiconductor sector in the S&P 500 index has risen to 18.8%, reaching a historic high

According to data released by The Kobeissi Letter, the semiconductor sector accounts for approximately 18.8% of the total market value of the S&P 500, reaching a historic high. This number has grown more than threefold since 2022, and the semiconductor index SOX has risen by approximately 546% during the same period. At present, the weight of semiconductors in the S&P 500 is more than half of the peak level during the Internet foam period in 2000. The U.S. equity market is focused on AI and the semiconductor industry chain, and the influence of technology stocks on the overall index has reached a historical extreme level.