Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

ChatGPT Ignites Tech Stock Frenzy: Nvidia Rises Tenfold, Seven Giants Support Half of the Market

robot
Abstract generation in progress

After the blast of ChatGPT, the entire tech circle and Capital Market's gameplay has changed.

NVIDIA takes off directly - its stock price skyrocketed by 979%. It's not just them enjoying the ride; the seven tech giants in the S&P 500 (NVIDIA, Microsoft, Apple, Alphabet, Amazon, Meta, Broadcom) collectively contributed nearly half of the index's increase, specifically 64%. Now, the market capitalization weight of these companies has inflated to 35%, basically controlling the direction of the market.

The big shots like OpenAI's Ultraman and Tyler are quite excited, believing that this wave of AI can rival the internet bubble of the past. Of course, they are not blindly optimistic—they acknowledge that risks exist, but firmly believe that AI will ultimately transform the economic structure.

In simple terms: there may be a bubble, but this time it's different?

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
PhantomHuntervip
· 13h ago
NVIDIA rose 980%? Is that true, or does it feel like a dream... How about we go all in on GPU stocks? The seven giants dominate the market, this is the new monopoly game rule, how can retail investors play? Sam Altman said to restructure the economy, but why does it sound like another wealth harvesting? Be careful not to get played for suckers. The index rose by 64%? This risk is too concentrated, it feels like it could explode at any moment. AI bubble vs internet bubble, what's the difference? Aren't they both just telling stories? A 35% weight is already unhealthy, how can such a market continue? In this wave of crazy rises, who is the real winner? Definitely not us bystanders.
View OriginalReply0
DAOplomacyvip
· 18h ago
ngl, that 35% concentration thing is giving "historical precedent suggests" vibes... the governance implications here are arguably non-trivial, tbh. seven companies holding that much sway? sub-optimal incentive structures at best, path dependency nightmare at worst. but sure, "this time is different" — heard that one before
Reply0
ChainProspectorvip
· 18h ago
NVIDIA's recent surge is really taking off, I can't hold on anymore, a 979% increase is so outrageous that it scares me... The seven giants control 35% of the weight? It feels like only these few companies are dancing while retail investors can only watch the show. Sam Altman said this time is different, and I'm even more anxious; every time someone says "this time is different," it never ends well. Should I buy the dip on chips or wait for the right moment to scatter? I'm so conflicted. The bubble is definitely inflated; it just depends on who catches a falling knife... Will this round of artificial intelligence really change the world, or is it just another harvest festival for the reapers? With NVIDIA's 970% rise, those who entered the position in the morning have taken off; did I get played for a sucker? This is ridiculous. The tech giants dominate the market; how can retail investors play... I don't know if it's faith or gambler's psychology; anyway, I'm all in.
View OriginalReply0
OldLeekMastervip
· 19h ago
NVIDIA has skyrocketed, but to be honest, it feels a bit alarming that the seven giants are dominating. Us retail investors still have to struggle, while the institutions have already entered a position. Wait, about this bubble... can we really make money this time? That 979% number is making my head spin; it feels like a crash is coming. The AI concept has been hyped for so long, has the underlying logic really been proven? While Microsoft and the others make money, we’re just drinking soup; this model is getting old. Something's off; seven companies are propping up half the market, and the risks are off the charts.
View OriginalReply0
SolidityNewbievip
· 19h ago
NVIDIA has risen by 979%... This is the rhythm of To da moon, with the seven giants holding 35% of the weight, can this market still be played? Ngl, this wave of AI hype is a bit scary, but to be fair, the demand for chips is indeed explosive. It's the same story as the internet bubble, the risks are always acknowledged, and money keeps being poured in. Will this time be another "this time is different" series? In the end, we still have to look at actual applications. Wait, is 35% weight a bit excessive... A sneeze in the market will have to consider the faces of these seven companies. ChatGPT is making waves, money has gone to tech stocks, what about the other zones? Is it true? Is Sam Altman so certain? He definitely won't lose money, haha. I just want to ask, is there still something to gain by entering the market now...
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)