Woofun AI data shows that semiconductor companies are expected to contribute 48% to the S&P 500 index's profit growth in the second quarter, marking a new record. This represents a 17 percentage point increase from the first quarter, while the contribution from Amazon, Alphabet, Meta, and Microsoft is projected to fall by 25 percentage points to approximately 9%. In the first quarter of 2026, these four tech giants accounted for 34% of year-over-year earnings per share growth, with semiconductors adding 31%, totaling 65% of the index's profit growth.