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It was the year of artificial intelligence (AI) in the tech sector. Yahoo Finance's Akiko Fujita appears on Catalysts to discuss companies that saw big rewards for their technology investments.
Nvidia (NVDA) led tech industry stocks in 2024 with a near 174% jump year to date, ignited by strong demand for Blackwell, the company's advanced graphics processing unit. Broadcom (AVGO) closely followed Nvidia, surpassing the $1 trillion market cap for the first time thanks to AI chips. Oracle (ORCL) made a comeback this year, jumping nearly 60%, due to its cloud infrastructure technology and new partnerships with OpenAI and Meta (META).
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Josh Lynch