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How has the Philadelphia Stock Exchange semiconductor index changed this year?

The Philadelphia Stock Exchange Semiconductor Index has risen 66% this year, with 2023 set to be its biggest one-year gain since 2009, when it rose 70% in the aftermath of the financial-crisis market bottom. The index was little changed on Friday, the last trading day of the year, but was trading near record levels.

Is Nvidia the first chipmaker with a market capitalization above $1 trillion?

Shares more than tripled, resulting in Nvidia earning the title of the first chipmaker with a market capitalization above $1 trillion. In second place among index components was Advanced Micro Devices Inc, another major player within AI.

Is Nvidia the world's most valuable chipmaker?

Nvidia has built an early lead in the market for so-called AI accelerators, chips that excel at crunching data in the process of developing artificial intelligence software. That’s helped propel the company’s valuation past $1 trillion this year, making it the world’s most valuable chipmaker.

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