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SOX Index Soars 60%, Outshines S&P Amid AI Boom

By Bill Bullington

4/4, 08:02 EDT
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  • Over the past 12 months, the Philadelphia Stock Exchange Semiconductor Index (SOX) has surged nearly 60%, significantly outperforming the S&P 500 Index, which shows a more modest increase.
  • The SOX's robust performance reflects the strong demand and growth in the semiconductor sector, likely driven by advancements and applications in artificial intelligence, as seen in the success of companies like Nvidia Corp., Broadcom Inc., and Micron Technology Inc.