“`html
The SPDR S&P Information Technology ETF (XLK) surged for the 10th consecutive session on December 5, 2026, marking its longest winning streak since September 2020. The ETF gained 3.5% last week, significantly outperforming the broader market.
Notably, the rally was not driven by major tech stocks like Meta Platforms Inc and Alphabet Inc, which both saw some gains but are not part of XLK. Instead, the fund’s growth was led by NVIDIA Corp, which rose by over 4% last week, along with other chipmakers and software companies such as SanDisk, Salesforce, and Adobe.
The global semiconductor market is projected to grow more than 25%, reaching $975 billion in 2026, while the global software market is expected to expand from $823.9 billion in 2025 to around $2.25 trillion by 2034, according to various forecasts.
“`
