25/06/2023
Despite recessionary fears or pessimistic forecasts for 2023's stock market, mega-tech stocks have had one of their best years.
As of Friday, the S&P 500 was up by 14% and the tech-heavy Nasdaq by 30% this year. Much of the gains have been carried by a small percentage of technology giants that benefited from the hype and development of artificial intelligence.
As big-tech cloud providers begin to integrate generative AI into their centers, demand for certain hardware will skyrocket.
