The Biggest Winners on Wall Street All Live in the Same Neighborhood 🚀
By Grant Hawkridge
June 4, 2026
Today's number is... 104.4%
Semiconductors have become the market's undisputed leadership group. The Semiconductor ETF (SOXX) has soared 104.4% so far in 2026, more than doubling while much of Wall Street remains focused on the broader indexes.
Here’s the table:
Let's break down what the table shows:
The table displays 30 semiconductor stocks.
The columns show whether each stock is above or below its 5-day, 10-day, 20-day, 50-day, 100-day, 150-day, and 200-day moving averages.
The final columns display each stock's year-to-date return and percentage distance from its all-time high.
A summary row at the bottom shows the percentage of stocks above each moving average and the average year-to-date return for the group.
The Takeaway: Semiconductors are no longer just leading the market. They're dominating it.
SOXX is up 104.4% this year. ARM is up 276.8%. Micron is up 278.3%. Marvell is up 255.0%. AMD is up 153.3%. Several stocks inside the group have already more than doubled.
And the gains aren't limited to one corner of the industry.
Memory chips are working. Equipment stocks are working. Chip manufacturers are working. Analog chips are working. Infrastructure and networking names are working. Money continues flowing into every major part of the semiconductor ecosystem.
That helps explain why so many stocks are sitting at or near all-time highs. AMD, ARM, ASML, Applied Materials, Lam Research, Micron, Marvell, KLA, Monolithic Power, and Analog Devices are all pressing against record levels.
The most interesting stock in the table might be Nvidia. The stock sits below its 5-day, 10-day, and 20-day moving averages. Yet the group remains extremely strong. Other stocks are stepping up while Nvidia catches its breath. That's usually what healthy leadership looks like.
The long-term trend remains difficult to argue with. Every stock in the table remains above its 50-day, 100-day, 150-day, and 200-day moving averages. Bulls don't need every stock making new highs every day. They need the trend to stay intact. Right now, it is.
From a trading perspective, I respect trends that pay me. And right now semiconductors remain one of the strongest trends anywhere in the market.
Could the group pull back? Of course. Stocks don't move straight up forever. But I'm far more interested in following leadership than trying to predict when leadership ends.
The evidence is still pointing in one direction.
Leadership lives in semiconductors. Until that changes, the bulls deserve the benefit of the doubt.
