A sharp rise in AI infrastructure spending has catapulted many tech stocks in the US to huge returns over the past 12 months. Technology accounts for almost all of the top gainers on the Nasdaq in this period, and all are direct beneficiaries of the AI boom.
AI infrastructure spending has significantly boosted US tech stocks over the last 12 months. Many technology companies are among the top performers on the Nasdaq, directly capitalizing on the AI boom. This trend highlights the strong market impact of the AI age.
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.