SGX:M44U.SI 19 February 2026

July 1, 2026, 8:16 AM EDT. Semiconductor stocks just turned in their strongest quarter on record, lifted by a wave of new money flowing into artificial intelligence. The rally comes as heavy AI spending ramps up across the market. Demand for chips tied to AI and data centers is running hot. Investors betting on more technology spending have piled into major chipmakers. The momentum shows how critical semis are becoming as AI rolls out across more sectors.