In the second quarter, there was a round of centralization of the US stock and semiconductor plate, and money was no longer traded only around Britain, but began to shift to more AI-related chip companies. American Light, Intel and AMD were among the first to increase at this stage, with a combined market value of about $2 trillion.
Three companies are at the top.
Of these, the best performance was in American light, with a quarterly increase of over 240 per cent and a new market value of about $920 billion. Intel rose by 216 per cent and the market value increased by approximately $48 billion. The AMD share price is nearly tripled, with an additional market value of approximately $61.5 billion.
Based on market value, the three companies are now at the forefront of US Tech, near 10th, 11th and 12th places, respectively. By contrast, while it is still one of the highest-market companies in the world, it has increased by about 15 per cent in the second quarter, which is significantly lower than this round of chip stock.
Money to chip supply chain
The CNBC quoted Barclay Analyst ' s view that market funds were shifting from AI super-large cloud manufacturers to "AI infrastructure beneficiaries ", as a result of which the semi-conductor plate had significantly increased. Investors are betting that the continued expansion of capital expenditure in the AI data centre will not be limited to a few head companies.
This wheel is also reflected in the performance of large science and technology units. Among the main clients of Ingweida, Amazon, Alphabet, Meta and Microsoft split in the second quarter, with Alphabet in the lead and Meta in the small decline.
Performance and demand drive
Quarterly performance, recently published by American Lights, reinforces market expectations. The company claims that, driven by the demand associated with the AI chip, memory prices have risen significantly, with the latest quarterly collections increasing more than four times over the same period, and the Māori rate for the third financial quarter rising to 84.9 per cent, up from 39 per cent in the same period the previous year.
Intel benefits from two main lines at the same time: first, to continue to advance the construction of the U.S. mainland Crystal Circle, and second, to pick up CPU requirements as more AI functions extend to the terminal. In addition to CPU operations, the GPU market is also organized and, although there is still a significant gap with Inverda, it is also included in this round of AI proliferation transactions.
The semiconductor ETF is a single season.
The increase does not focus only on memory and processor links. Network equipment manufacturer Marvell rose by approximately 200 per cent in the second quarter, and Arm increased by 134 per cent to provide technical and design to other chip companies.
Following the semiconductor plate, VanEck Sem token nductor ETF (SMH) increased 71 per cent in the second quarter, creating the best single-season performance of the fund since the start of the transaction in 2000. This suggests that the market bets on AI infrastructure have been extended from a single lead to a broader chip supply chain.