Since the original public release of ChatGPT in late 2022, artificial intelligence (AI) has been a key driver of massive stock market gains.
Indeed, as Finbold research found, the 10 biggest companies involved with AI have seen their market capitalization explode by more than $8.7 trillion in under 26 months, from a total of $7.2 trillion to their current time valuation of $16 trillion.
The semiconductor giant Nvidia, has been a major winner of the technological development as it saw its valuation explode by $3 trillion and as it became the world’s second-biggest company.
The rapid expansion and an even larger focus on big tech, however, might have also generated some substantial systemic risks.
“Last year saw substantial value concentration within just a handful of American companies that outperformed the broader market. Although AI was the primary buzzword of 2024, the tech sector as a whole grew significantly. Finbold research revealed that its 1
