US chip stocks are on a historic run:
The semiconductor index, $SOX, has outperformed the S&P 500 by +85 percentage points year-to-date, on pace for the best half-year outperformance in history.
This would exceed the previous record set during the Dot-Com Bubble in H1 2000 by +15 percentage points.
This comes as $SOX has rallied +94% so far in 2026, compared to a +9% increase in the S&P 500.
Micron, $MU, has been a key driver, rallying +301% over this period, making it the largest contributor to the S&P 500's gains this year.
SanDisk, $SNDK, has soared +764% in H1, making it the top-performing stock in the index YTD.
The US chip stock boom is rewriting the record books.
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