The rise in shares of major technology companies has witnessed significant developments in recent months.
• Shares of the "Magnificent Seven" group (Apple, Microsoft, Alphabet/Google, Amazon, NVIDIA, Meta, and Tesla) continued to perform strongly, driven by optimistic expectations regarding artificial intelligence applications.
• NVIDIA recorded exceptional growth in its market value during 2024, with increased demand for its specialized artificial intelligence chips.
• Microsoft achieved notable gains as it expanded the integration of artificial intelligence technologies into its products such as Microsoft 365 and Azure cloud services.
• Meta's shares saw significant improvement with the success of its strategy in developing metaverse and augmented reality applications, in addition to its investments in artificial intelligence.
• Apple demonstrated steady growth with the launch of new devices and the expansion of its digital services, especially with the introduction of new artificial intelligence features in iOS.
• Major technology companies have intensified their investments in cloud computing infrastructure to support advanced artificial intelligence applications.
• Shares of companies specializing in information security and cybersecurity have seen increased growth with the rising interest in data protection in the age of artificial intelligence.
