Oil price surge becomes the biggest tailwind! Marathon Petroleum (MPC.US) up over 200% year-to-date, crushing a host of chip giants; stock hits 52-week high and still gets bullish calls

Zhitong Finance APP has learned that Marathon Petroleum (MPC.US) has performed particularly strongly this year, with its stock price gains even surpassing those of top technology companies and chipmakers. Data shows that since the beginning of the year, the refiner's stock price has surged more than 200%, outperforming a host of chip stocks such as Nvidia (NVDA.US), Intel (INTC.US), AMD (AMD.US), Qualcomm (QCOM.US), and Broadcom (AVGO.US). The stock's strong performance has enabled it to outperform major energy and technology ETFs, including the Energy Select Sector SPDR Fund (XLE), the VanEck Semiconductor ETF (SMH), and the Global X Artificial Intelligence and Technology ETF (AIQ).