The Nasdaq Semiconductor Index (SOX) has recorded nine one‑day jumps of at least 5% over the past 60 trading days, matching levels last seen in January 2009. Such a frequency of large moves was only exceeded during the dot‑com bubble burst in 2000. The index peaked at 17 sessions in January 2003 and previously saw a 15‑day run of high volatility in early 2001, both periods linked to major market downturns. Over the past year, SOX has risen 175% and is trading near its all‑time high, reflecting unprecedented price acceleration in the semiconductor sector.