Chipmakers Post Longest Win Streak Since 2017 Amid AI Growth

The semiconductor industry has experienced a sustained period of growth, marking its longest winning streak since 2017. Driven by the increasing demand for artificial intelligence (AI) and related technologies, chipmakers have seen their shares rise, reflecting the industry's strong performance. The article highlights that the group of chipmakers has posted its longest winning streak in nearly eight years, indicating a prolonged period of success. This surge in the semiconductor sector is attributed to the growing importance of AI and the corresponding need for the specialized chips that power these technologies. The article does not provide specific details on which individual chipmakers or companies have contributed to this trend, nor does it delve into the potential reasons behind the AI-driven growth. However, it suggests that the semiconductor industry, as a whole, has benefited from the rising demand for AI-enabled products and services, leading to a sustained period of positive performance in the stock market.