Chip Stocks Are on Pace for Their Longest Win Streak Since 2017

Chip stocks staged a strong rally as the PHLX Semiconductor Index (SOX) rose for a ninth straight session — a potential longest winning streak since Oct. 11, 2017. Early strength (SOX up about 0.7% shortly after the open) and a larger intraday gain left the SOX around 10,503.7 (+2.26%). The advance, led by memory names and renewed enthusiasm for AI, has lifted semiconductor names such as Entegris and AMD and is likely supporting broader tech benchmarks (including the US Tech 100). The streak signals continued investor appetite for chip exposure and could provide upside momentum for tech-heavy indices if it holds through the close.