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in Tech

The year’s top tech stock is up 300% thanks to AI — but it’s not Nvidia

by Editor November 4, 2024, 6:08 pm 1.3k Views

The year's top tech stock is up 300% thanks to AI — but it's not Nvidia

While Nvidia’s spectacular surge remains the biggest story in the technology industry, the AI chipmaker’s performance on the market has been dwarfed this year by a digital advertising company with a specialty in gaming.

AppLovin has soared 310% in 2024, beating every U.S. tech company with a market cap of at least $5 billion, according to FactSet data. Nvidia, which has led the artificial intelligence boom and become the world’s second-most…

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Posted by Editor

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