The iShares Semiconductor ETF has nearly doubled in 2026, driven by soaring demand for AI-related chip stocks.
The iShares Semiconductor ETF (SOXX) has climbed 108% year-to-date through June 22, far exceeding the S&P 500’s 9% gain over the same period. The surge reflects unprecedented demand for semiconductors, critical to artificial intelligence infrastructure and consumer electronics.
SOXX holds 30 leading semiconductor firms, positioning it at the center of the AI-driven tech rally. The ETF’s performance aligns with broader market trends favoring chipmakers, which have seen investor interest spike amid supply chain resilience and innovation.
The fund’s rapid appreciation raises questions about valuation sustainability, though underlying sector growth remains robust.