Chip Boom Pushes Two More Companies Above Trillion-Dollar Mark

Two additional companies have crossed the trillion-dollar valuation threshold amid a global semiconductor boom, bringing the total number of chip-related firms in the world's top ten most valuable companies to six. The surge is driven by extraordinary demand for semiconductors, with companies wanting chips "more than hot pastries on Monday morning," as production struggles to keep pace with orders. Chip prices have climbed steeply throughout the year as manufacturers cannot meet the soaring demand, much of which stems from massive investments by technology companies in artificial intelligence infrastructure. However, critics warn of the market's heavy dependence on AI-related tech investments, cautioning that this spending surge may not continue indefinitely and could pose risks to the sustained growth of semiconductor valuations.