STOCKS | U.S. Semiconductor Stocks Reach Record 18.8% Weight in S&P 500, Kobeissi Letter Says

U.S. semiconductor stocks have risen to about 18.8% of the S&P 500’s total market value, marking a record high, according to data analysis shared by The Kobeissi Letter on X. According to Odaily, the semiconductor sector’s weight has more than tripled since 2022. Over the same period, the Philadelphia Semiconductor Index (SOX) has gained about 546%, The Kobeissi Letter said. The analysis also said the sector’s current S&P 500 weighting is now more than half of its peak level during the 2000 internet bubble period. It added that U.S. equities have continued to concentrate toward AI and the semiconductor supply chain, and that technology stocks’ influence on the broader index has reached historically extreme levels.