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Tech stocks surge as wave of interest in AI drives $4tn rally
Artificial intelligence (AI) | The Guardian www.theguardian.com
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 (£3.2tn) 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.
Some stocks seen as AI winners – such as semiconductor …
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