Apr 26, 2026
According to Yahoo Finance, semiconductor stocks have experienced a significant surge in April, driven by cooling tensions in Iran, continued growth in AI spending, impressive sector earnings, and a proliferation of chip shortages across the industry.
The iShares Semiconductor ETF has risen 40.4% for the month through April 24. Nvidia, identified as the sector leader and the world’s most valuable company, has benefited from these trends but has underperformed its peers, gaining 19% for the month. These gains have pushed Nvidia back above the $5 trillion market cap milestone, a level it briefly reached in late October.
Nvidia is currently trading just 2% below its all-time high. Arguments for buying the stock include the disappearance of earlier fears regarding an AI bubble, as valuations for AI startups like OpenAI and Anthropic…
