The interest sparked in artificial intelligence driven by ChatGPT and other large language models has driven more than half the gains in the S&P 500 this year, according to an analysis from JPMorgan.
The analysis includes... The interest sparked in artificial intelligence driven by ChatGPT and other large language models has driven more than half the gains in the S&P 500 this year, according to an analysis from JPMorgan. The analysis includes Microsoft MSFT , Google parent Alphabet GOOGL , Amazon.com AMZN , Meta Platforms META , Nvidia NVDA and Salesforce.com CRM in what it calls “LLM-innovation” stocks, and that grouping outperforms the other largest five stocks — Apple AAPL , Tesla TSLA , Berkshire Hathaway BRK.B , UnitedHealth Group UNH and JPMorgan Chase JPM — as well as constituents 11 to 50 in the S&P 500, and the Russell 2000 RUT .