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AI Boom Drives Semiconductor Growth

5 Semiconductor Stocks To Buy And 1 To Ignore The semiconductor sector is experiencing a remarkable upswing, with the Invesco PHLX Semiconductor ETF (SOXQ) rising by nearly 100% year to date in 2026.

This growth can be attributed to increasing demand for AI infrastructure spending from hyperscalers like Microsoft, Google, and Meta, which are expected to deploy nearly $700 billion in capital expenditures this year.

Valuations across much of the sector have reached unsustainable levels, making selectivity more crucial than ever.

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