Nvidia and Apple Lead Hypergrowth in Tech Stocks for 2024
Nvidia's dominance in AI and Apple's new AI services position them as top investment opportunities.
- Nvidia's revenue surged 262% year over year, driven by its leadership in AI GPUs.
- Apple's new AI platform, Apple Intelligence, has reignited investor interest.
- Nvidia's data center business saw a 427% revenue increase, highlighting strong demand.
- Apple's stock rose 10% post-WWDC, showcasing market confidence in its AI advancements.
- Both companies are leveraging AI to expand their market reach and drive future growth.