---
title: "Semiconductor sector continues rally in 2026, SOX index up 10.14% YTD. Analyst expects AMD to beat Q4 with EPS of $1.24."
description: "In 2026, the semiconductor sector is experiencing a rally, with the PHLX Semiconductor Sector index up 10.14% year-to-date. Analyst C.J. Muse from Cantor Fitzgerald highlights AMD, Qualcomm, and Micro"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/274639064.md"
published_at: "2026-02-03T10:12:48.000Z"
---

# Semiconductor sector continues rally in 2026, SOX index up 10.14% YTD. Analyst expects AMD to beat Q4 with EPS of $1.24.

> In 2026, the semiconductor sector is experiencing a rally, with the PHLX Semiconductor Sector index up 10.14% year-to-date. Analyst C.J. Muse from Cantor Fitzgerald highlights AMD, Qualcomm, and Microchip Technology as top stocks. AMD is expected to exceed Q4 EPS estimates of $1.24, driven by data center demand and AI growth, despite potential supply constraints. AMD's strong performance is noted in Benzinga's Edge Rankings, indicating favorable momentum and quality compared to peers.

In 2026, semiconductor stocks saw a continuous surge, with the PHLX Semiconductor Sector index rising 10.14% year-to-date. Cantor Fitzgerald's Semiconductor analyst C.J. Muse highlighted the sector as a must-own, evaluating top chip stocks like Advanced Micro Devices (AMD), Qualcomm, and Microchip Technology. AMD is predicted to surpass Q4 expectations and increase March-quarter guidance due to Intel Corp's wafer transition issues. Growth is anticipated from data center CPUs and GPUs, backed by AI, server demand, and MI 400-series launches. Despite potential supply constraints on client unit volumes, higher average selling prices are expected to bolster performance. AMD's quarterly earnings are awaited, with analysts projecting an EPS of $1.24 after previous outperformance. Benzinga's Edge Rankings position AMD favorably for momentum and quality, underscoring its robust performance compared to peers.

### Related Stocks

- [AMUU.US - Direxion Daily AMD Bull 2X Shares](https://longbridge.com/en/quote/AMUU.US.md)
- [SMH.US - VanEck Semiconductor ETF](https://longbridge.com/en/quote/SMH.US.md)
- [CHPX.US - Global X AI Semiconductor & Quantum ETF](https://longbridge.com/en/quote/CHPX.US.md)
- [QCOM.US - Qualcomm](https://longbridge.com/en/quote/QCOM.US.md)
- [SOXX.US - iShares Semiconductor ETF](https://longbridge.com/en/quote/SOXX.US.md)
- [QCMU.US - Direxion Daily QCOM Bull 2X Shares](https://longbridge.com/en/quote/QCMU.US.md)
- [AMD.US - AMD](https://longbridge.com/en/quote/AMD.US.md)
- [XSD.US - SPDR S&P Semicon](https://longbridge.com/en/quote/XSD.US.md)
- [AMDL.US - GraniteShares 2x Long AMD Daily ETF](https://longbridge.com/en/quote/AMDL.US.md)
- [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md)

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| Title | Description | URL |
|-------|-------------|-----|
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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.