Semiconductor stocks outperformed Big Tech and crypto in the first half of 2026, with the Philadelphia Semiconductor Index up 102% while the Magnificent Seven fell 2% and Bitcoin (BTC) slid 33%. According to BeInCrypto, Deutsche Bank and CoinGecko data also show Ether (ETH) down 47% and Solana (SOL) down 41%, while the VanEck Semiconductor ETF rose 72% and the iShares Semiconductor ETF gained 99%.
Wall Street is split on H2: Goldman Sachs expects investors to keep backing chipmakers, while Morgan Stanley strategist Michael Wilson says the chip trade is unwinding as investors rotate toward hyperscalers.
Semiconductor Stocks Beat Big Tech and Crypto in H1 2026 as SOX Jumps 102%
2026-07-07 00:19:02
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