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Apple, Alphabet, and Microsoft followed closely behind, with all top five companies driven by AI-related businesses and cloud computing. However, capital did not continue to flow unilaterally into chip stocks in July: the PHLX Semiconductor Index (SOX) dropped 20.61% in a single month, putting upstream names such as TSMC, SK Hynix, and Micron under visible pressure. 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Call-Global MarketsAug 20 (Reuters)-Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200**9053.800-16.20NZX 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