|Day's range||40.34 - 68.02|
The first billion-dollar company was formed in 1901, and over the following 117 years, the industries that created the most value in the stock market transitioned between steel, car manufacturing, industrial products, and technology. In the years since, Microsoft, Amazon, and Google parent Alphabet have joined Apple with $1 trillion valuations of their own. For now, let's focus on two powerful semiconductor companies that could join the exclusive $1 trillion club -- and if they get there, they could deliver monster gains for investors who buy them today.
The artificial intelligence (AI) arms race is heating up. Generative AI services like ChatGPT are being deployed across multiple industries and making knowledge workers more efficient. AI and robotics are streamlining manufacturing.
The technology industry has begun a period of incredible change as artificial intelligence takes the world by storm. Some companies will face disruption; others will be helped by AI. But at the end of the day, the big companies will likely continue to be big.