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TSX:TFPM 30 December 2025

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  • Small caps score biggest first-half run since 1991 on AI chip rally
    June 30, 2026, 8:31 AM EDT. The Russell 2000 Index is up more than 21% this year, its best first-half run since 1991. The move comes as valuation catch-up and stronger fundamentals combine, with the AI buildout giving a big boost. Stocks tied to semiconductors and chip equipment-like Aehr Test Systems and MaxLinear-are out front, jumping more than 400% as AI spending spreads wider than just Nvidia and the top names. Analysts say the rally shows up across the AI supply chain and is getting help from broader economic signals, while hopes for a continued run hinge on rates staying steady.
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