Is the "chip" moving? For the first time in the history of the Philadelphia Semiconductor Index, everything has been snatched crazy above the S&P 500. Taking advantage of the AI wave, how hot the US semiconductor sector is now is perhaps the most obvious comparison chart below: the ratio of the Philadelphia Semiconductor Index to the S&P 500 Index broke through 1 for the first time on Thursday - in other words, this is the first time in the history of the Philadelphia Semiconductor Index in the past thirty years, Higher than the S&P 500 index for the first time.