The sector bounced higher in the middle of the month as investors responded to the pos.
Shares of the iShares Semiconductor ETF (NASDAQ:SOXX) were moving higher last month, continuing a long winning streak for semiconductor stocks. The sector bounced higher in the middle of the month as investors responded to the positive reviews of Meta Platforms' new Muse AI personal agent, which could herald a new era for AI as personal agents gain adoption. If Muse and peers like Instinct are the next chatbots, then it will drive another wave of demand for CPU, memory, and other semiconductor components.