Which ETF tracks the semiconductor sector?

The SMH ETF (VanEck Semiconductor ETF) closed at $619.96.

Were the five stocks that hit new highs named?

The names were not explicitly mentioned, but likely include LRCX and MRVL.

What caused the rally?

No specific reason was given, but it may be a technical rebound after the prior week's decline.

Chips Surge 8.8% in a Week: 5 Semiconductor Stocks Hit New Highs

The semiconductor sector surged 8.8% in a single week, with the SMH ETF closing at $619.96 on June 12, 2026. Five chip stocks broke into new highs, according to Stock Market Today With IBD.

June 15, 2026

2 min read

Source: 24/7 Wall St.

Key Numbers

weekly gain

8.8%

smh close

619.96

date

June 12, 2026

The semiconductor sector ripped 8.8% in a single week, with the SMH ETF closing at $619.96 on June 12, 2026, reclaiming levels above both Tuesday's and Friday's highs after getting hard hit last Friday. The host of Stock Market Today With IBD said the ETF contains a lot of chips that are well into new highs.

Possible Reasons

No single catalyst was cited, but the rally follows a sharp decline the prior week, suggesting a technical rebound. Multiple stocks breaking into new highs indicates strong investor confidence in chip demand.

Context

The SMH ETF closed at $619.96, surpassing previous session highs. The five stocks hitting new highs likely include LRCX (Lam Research) and MRVL (Marvell Technology), both in the tech sector.

Similar Moves in the Sector

The 8.8% weekly gain is among the largest for the sector this year. Other chip stocks may see further momentum if positive sentiment continues.

Frequently Asked Questions

The sector surged 8.8% in one week.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.