The index closed above its year-end 2021 mark again in December 2023.
SOX™ Fundamentals-Driven Rally: ~60% YTD price gain matched by ~60% earnings growth; 75% more projected next year.
Both are the highest readings since the fourth quarter of 2021 — going back to the early post-Covid recovery.
That combination has lifted a far wider set of companies than the headlines suggest.