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Market Analysis · 2026-05-07T10:00:00.000Z

The stock market hassurged to record highs, and the names doing most of the work to get us there are coming from one industry:semiconductors. In a note to clients Wednesday morning, the team at Bespoke Investment Group noted the recent rally in semis is “one of the most epic runs in history.” Through Tuesday’s close, the firm noted that names Seagate (STX), Micron (MU), and Intel (INTC) were each up more than 25% over the last week. AMD (AMD) stock through Tuesday’s close was up a more modest 9.9%; then the stock soared over 18% on Wednesdayafter its quarterly earnings report. Before ChatGPT was released in November 2022, the share of the S&P 500’s market cap that came from stocks in the Philly Semiconductor Index (^SOX) — which also includes names like Nvidia (NVDA), Broadcom (AVGO), Inte

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25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA — serving 75+ countries. Products: EN590 Diesel · Crude Oil · Jet Fuel · Mazut · Bitumen · Sulphur 99.5% · Urea 46% · NPK Fertilizers.

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