The semiconductor sector is taking over the market:

Semiconductor stocks now represent a record 16.1% of the S&P 500's market cap.

The percentage has TRIPLED since the 2022 bear market.

This is also now 11 percentage points above the 2000 Dot-Com Bubble peak.

By comparison, defensive sectors, including energy, healthcare, staples, and utilities, make up 19.2% of the S&P 500 index.

This is 4 percentage points below the previous low of 23.0%, set in 1999.

At this pace, the weight of the semiconductor sector will surpass that of defensive sectors by as early as next year.

Semiconductor stocks are reshaping the investing landscape.