The first half of 2024 has been all about artificial intelligence (AI), with tech giants like Nvidia (NVDA) continuing to dominate the spotlight. In fact, the generative AI market has surpassed $66 billion, with OpenAI and Meta AI commanding a 56% market share.
Companies like Nvidia have seen their market values skyrocket, driven by their pivotal roles in AI technology. For instance, Nvidia's market value surged from approximately $300 billion at the end of 2022 to north of $3 trillion, and notably surpassed Apple (AAPL) and Microsoft (MSFT) as the most valuable public company in the U.S.
