Nvidia CEO Jensen Huang showcased the company’s AI accelerator chips at the Nvidia AI Summit Japan, highlighting the significant value AI brings to businesses, even as many consumers remain skeptical of its impact. In 2024, stocks linked to AI and cryptocurrency surged, with notable performers including AppLovin, which saw a 758% increase, and MicroStrategy, up 467% due to its vast Bitcoin holdings. Palantir experienced a 380% rise amid strong AI demand, while Robinhood’s revenue ballooned from crypto transactions. Nvidia continued its explosive growth, driven by robust AI advancements, although a slowdown in growth is anticipated in the coming quarters.
