Shares of technology companies ticked up as artificial-intelligence ebullience prevailed.
Microsoft shares rose, eclipsing Apple as the world’s largest company by market capitalization, helped by its interest in ChatGPT pioneer OpenAI.
Shares of high-performance AI chip maker Nvidia have risen 11% year to date, and have more than tripled in the last 12 months, catapulting the company’s status on Wall Street from a fringe proxy for cryptocurrency mining and PC gaming to a blue-chip member of the “Magnificent Seven.”
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