Viewpoint: Semiconductor stocks reach a record high proportion of the S&P 500's total market value, making the current market situation unprecedented
BlockBeats news, on May 27, according to Bloomberg data, semiconductor and semiconductor equipment stocks currently account for about 18% of the total market value of the S&P 500 in the United States, setting a historic record and marking the largest weighting of any single industry group. In comparison, at the peak of the internet bubble in 2000, technology hardware and equipment reached a peak of about 26%.
In addition, the semiconductor index SOX’s performance versus the "Magnificent 7" has risen to 85 points, its highest level since mid-2020.
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