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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