Big Tech AI vs AI Semi Market Cap
Recently, Big Tech stocks have faced downward pressure due to growing concerns over whether they can sustain massive AI CapEx and ultimately achieve monetization. In contrast, AI-related semiconductor stocks—the direct recipients of these investment funds—are rebounding and gaining momentum.
Some market participants compare this flow to the Dot-com bubble era. I created this script to track in real-time whether a true "Market Cap Flipping" (reversal) is occurring between the AI Service providers (Big Tech) and the AI Infrastructure providers (Semiconductors).
This indicator aggregates and compares the total Market Capitalization (Price × Shares Outstanding) of two distinct groups:
🟦 Big Tech (AI Solutions & Services): The companies spending heavily on AI infrastructure.
🟧 AI Semiconductors (Hardware & Infra): The companies benefiting from Big Tech's CapEx.
Real-time Comparison: Visualizes the aggregate value of both sectors on a single chart to spot divergence or convergence.
Cap Flipping Watch: Easily identify if the "Hardware" sector's valuation overtakes the "Solution" sector.
Percentage Ratio: Displays a label showing the Semiconductor sector's size relative to Big Tech (e.g., "Semi is 60% of Tech").
Customizable Tickers: You can toggle individual companies On/Off in the settings to adjust your basket.
Big Tech: MSFT, GOOGL, AMZN, META, AAPL, TSLA, PLTR, ORCL, ADBE
AI Semi: NVDA, TSM, AVGO, AMD, MU, ARM, ASML, ANET, MRVL
If the Orange Line (Semi) rises while the Blue Line (Tech) falls/stagnates, it indicates the market is favoring "Infrastructure Builders" over "Service Providers."
Use this to gauge the maturity of the AI investment cycle.
