Semiconductor stocks, led by Nvidia, were on fire Tuesday. Here’s the breakdown

 Semiconductor stocks, led by Nvidia, were on fire Tuesday. Here’s the breakdown

Most boats were lifted in the stock market on Dec. 7, as investors apparently got over their fears of the latest coronavirus variant.

Semiconductor stocks led the way, with gains far outpacing the broader market.

Read: U.S. stock indexes rise Tuesday as omicron fears subside

The Dow Jones Industrial Average
DJIA
rose 492 points, or 1.4%, to 35,719, while the S&P 500 Index
SPX
added 2.1% with 90% of stocks posting gains. The tech-weighted Nasdaq Composite Index
COMP
soared 3%.

The PHLX Semiconductor Index
SOX
topped them all, with a 5% gain and closed with a 43% increase for 2021 after hitting a new record earlier in the session. The benchmark index for chipmakers is tracked by the iShares Semiconductor ETF
SOXX.

Here’s how all 30 stocks in the SOXX portfolio performed on Dec. 7, with Nvidia Corp.
NVDA
leading the way:

Company

Ticker

Price change – Dec. 7, 2021

Price change – 2021

Decline from 52-week high

Date of 52-week high

Nvidia Corp.

NVDA 8.0%

148.4%

-6.4%

11/22/2021

Marvell Technology Inc.

MRVL 7.1%

92.5%

-1.0%

12/07/2021

ASML Holding N.V ADR.

ASML 6.6%

65.3%

-10.0%

09/14/2021

Wolfspeed Inc.

WOLF 6.5%

16.5%

-13.3%

11/15/2021

NXP Semiconductors N.V.

NXPI 6.5%

50.2%

-0.4%

12/07/2021

Applied Materials Inc.

AMAT 6.5%

81.8%

-1.3%

11/16/2021

Microchip Technology Inc.

MCHP 5.9%

28.7%

-0.1%

12/07/2021

ASE Technology Holding Co. ADR

ASX 5.9%

38.7%

-15.8%

08/05/2021

Lam Research Corp.

LRCX 5.8%

49.5%

-0.8%

12/01/2021

Lattice Semiconductor Corp.

LSCC 5.8%

73.3%

-7.1%

11/22/2021

Qorvo Inc.

QRVO 5.7%

-2.9%

-19.9%

04/29/2021

ON Semiconductor Corp.

ON 5.7%

100.0%

-2.0%

12/07/2021

Monolithic Power Systems Inc.

MPWR 5.6%

47.1%

-7.1%

11/22/2021

Entegris Inc.

ENTG 5.4%

59.4%

-3.0%

11/22/2021

KLA Corp.

KLAC 4.9%

61.9%

-2.1%

12/01/2021

Xilinx Inc.

XLNX 4.9%

57.9%

-6.7%

11/30/2021

MKS Instruments Inc.

MKSI 4.8%

8.4%

-18.2%

04/05/2021

Qualcomm Inc.

QCOM 4.7%

20.6%

-2.7%

11/22/2021

Broadcom Inc.

AVGO 4.5%

34.8%

-0.5%

12/07/2021

Teradyne Inc.

TER 4.3%

32.7%

-0.5%

12/07/2021

Advanced Micro Devices Inc.

AMD 4.2%

57.9%

-11.9%

11/30/2021

United Microelectronics Corp. ADR

UMC 4.2%

48.8%

-1.1%

12/01/2021

STMicroelectronics N.V. ADR

STM 4.1%

35.0%

-3.9%

11/22/2021

Micron Technology Inc.

MU 4.1%

14.2%

-11.5%

04/12/2021

Universal Display Corp.

OLED 4.0%

-31.9%

-40.4%

01/20/2021

Skyworks Solutions Inc.

SWKS 3.2%

2.9%

-22.9%

04/29/2021

Intel Corp.

INTC 3.1%

5.5%

-23.2%

04/12/2021

Analog Devices Inc.

ADI 3.1%

26.3%

-2.8%

11/22/2021

Taiwan Semiconductor Manufacturing Co. ADR

TSM 2.7%

12.2%

-14.0%

02/16/2021

Texas Instruments Inc.

TXN 2.3%

21.3%

-1.6%

10/25/2021

Source: FactSet

Nvidia’s stock has risen 148% in 2021, for the best performance among the SOXX 30.

Click on the tickers for more about each company. Click here for Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.

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