Chip Stocks Rally to Start 2026 After Third-Straight Winning Year

Chip stocks rally to start 2026 after third-straight winning year

Investors piled into the winning artificial intelligence-adjacent sector following another big year of gains.

AI stocks today: Nvidia, AMD and Micron lift chip rally as Baidu spikes on AI chip IPO filing

NEW YORK, January 2, 2026, 16:55 ET — After-hours AI-linked chip stocks rallied on Wall Street’s first trading day of 2026, pushing the Philadelphia Semiconductor Index up 4% and helping the Dow and S&P 500 end higher, while the Nasdaq slipped 0.03%. “Investors might be a little bit more conscious about some of the valuations that they’re paying for some of the AI plays,” said Joe Mazzola, head of trading & derivatives strategist at Charles Schw…