The Power of AI in Technology Stocks
The stock market has seen a significant surge in technology stocks in 2023, largely fueled by the adoption of Artificial Intelligence (AI). For instance, the Nasdaq-100 Technology Sector index rose by 69% earlier this year, highlighting the substantial impact of AI. Companies like Super Micro Computer and Taiwan Semiconductor Manufacturing (TSMC) have benefited from this trend. However, recent market fluctuations have raised concerns about AI's long-term potential.
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