Chip Stocks’ Best Quarter Ever Is Ending With Some Wild Swings - Bloomberg

Chip Stocks’ Best Quarter Ever Is Ending With Some Wild Swings - Bloomberg

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Chip Stocks’ Best Quarter Ever Is Ending With Some Wild Swings

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By Ryan Vlastelica

June 30, 2026 at 9:00 AM UTC

Updated on

June 30, 2026 at 1:35 PM UTC

Chip stocks are heading for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go.

“The story of the past six months is the market going all-in on AI infrastructure, but now people are asking if this is sustainable and if we should be worried,” said CJ Muse, senior managing director and technology analyst at Cantor Fitzgerald.

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