The SOX semiconductor index surged 55% in 2026, but Goldman Sachs data shows hedge funds are aggressively selling chip stocks amid AI valuation concerns.

Asia hedge funds post triple-digit returns in 2026 as AI hardware demand drives semiconductor stocks higher, with E20 Capital up 136% and WT Asset

The Philadelphia Semiconductor Index crossed 14,000 for the first time as US-Iran diplomacy and falling oil prices fueled a $1.15 trillion single-session