{"id":10185,"date":"2023-05-27T07:37:48","date_gmt":"2023-05-27T05:37:48","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/05\/27\/tech-stocks-surge-as-wave-of-interest-in-ai-drives-4tn-rally\/"},"modified":"2023-05-27T07:37:48","modified_gmt":"2023-05-27T05:37:48","slug":"tech-stocks-surge-as-wave-of-interest-in-ai-drives-4tn-rally","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/05\/27\/tech-stocks-surge-as-wave-of-interest-in-ai-drives-4tn-rally\/","title":{"rendered":"Tech stocks surge as wave of interest in AI drives $4tn rally"},"content":{"rendered":"<p>Shares in some firms involved in AI technology more than double in value as traders bet on massive growth in industry<\/p>\n<p>A rush of interest in artificial intelligence (AI) has helped to fuel a $4tn (\u00a33.2tn) rally in technology stocks this year, with the US Nasdaq exchange reaching its highest level since last August in a week that saw the chipmaker <a href=\"https:\/\/www.theguardian.com\/business\/2023\/may\/25\/nvidia-shares-leap-ai-boom-chip-us-tech-firm-valuation\">Nvidia poised to become the next trillion-dollar company<\/a>.<\/p>\n<p>Some stocks seen as AI winners \u2013 such as semiconductor makers and software developers \u2013 have more than doubled in value as traders bet on massive growth in the industry, even as fears mount over <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/feb\/08\/ai-chatgpt-jobs-economy-inequality\">waves of job losses<\/a> as everyday tasks become automated.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/may\/26\/tech-stock-surge-interest-artificial-intelligence-technology-nvidia-double-value\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/19ff90af449562a872b92a4b1bb59182ef369fd8\/0_48_1440_864\/master\/1440.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=66b42cab1ae4270d015915e4cd8444e7\" title=\"Tech stocks surge as wave of interest in AI drives $4tn rally\" \/>Shares in some firms involved in AI technology more than double in value as traders bet on massive growth in industry<br \/>\nA rush of interest in artificial intelligence (AI) has helped to fuel a $4tn (\u00a33.2tn) rally in technology stocks this year, with the US Nasdaq exchange reaching its highest level since last August in a week that saw the chipmaker Nvidia poised to become the next trillion-dollar company.<br \/>\nSome stocks seen as AI winners \u2013 such as semiconductor makers and software developers \u2013 have more than doubled in value as traders bet on massive growth in the industry, even as fears mount over waves of job losses as everyday tasks become automated. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares in some firms involved in AI technology more than double in value as traders bet on massive growth in industry A rush of interest in artificial intelligence (AI) has helped to fuel a $4tn (\u00a33.2tn) rally in technology stocks this year, with the US Nasdaq exchange reaching its highest level since last August in &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/05\/27\/tech-stocks-surge-as-wave-of-interest-in-ai-drives-4tn-rally\/\"> <span class=\"screen-reader-text\">Tech stocks surge as wave of interest in AI drives $4tn rally<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":10186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10185"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=10185"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10185\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/10186"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=10185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=10185"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=10185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}