Global Chipmakers See $200 Billion Surge in Record Rally Amid AI Frenzy

Global chipmakers have seen their market value soar by $200 billion in a record rally, driven by investors’ rush to get exposure to artificial intelligence. The surge has pushed the combined market capitalization of the Philadelphia Stock Exchange Semiconductor Index and a gauge tracking Asia chip stocks to new highs.

Global Chipmakers See $200 Billion Record Rally Amid AI Frenzy

Global chipmakers have seen their market value soar by $200 billion as investors rush to get exposure to artificial intelligence, driving tech stocks to all-time highs.