AI Drives Nvidia Stock Growth Early This Year
Nvidia (NVDA), a multinational technology company, led the increase among the shares of *Magnificent Seven* companies such as Microsoft and Apple in early 2025. The profits and revenue growth of the shares were obtained from investors in *Artificial Intelligence* (AI).
The AI chipmaker rose 4.5% after previously rising around 3% on Friday (03/01). Not only that, according to Bank of America's Vivek Arya, the money turnover in the market is from semiconductors to the software they sell.
Despite the decline in December, Nvidia shares still recorded an increase of more than 150% throughout 2024. This makes Wall Street analysts remain optimistic about the shares in the year ahead.
With Meta (META) shares up 3.3%, Amazon (AMZN) up 2.2%, Tesla (TSLA) up 1.6%, Google (GOOGL) up 1.3%, and Microsoft (MSFT) up 0.4%. Meanwhile, only Apple (AAPL) shares fell 2.8%.
The combination of big companies like Apple (AAPL), Microsoft (MSFT), and Tesla (TSLA) shows annual revenue growth of 33% by 2024, compared to growth of just 4.2% for the rest of the S&P 500.