The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It's not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030.

Artificial intelligence (AI) has turned out to be one of the key reasons behind the healthy growth of the semiconductor industry. The proliferation of this technology has driven an increase in demand for multiple types of chips ranging from application-specific integrated circuits (ASICs) to processors to memory.

Meta is joining Palantir as a leading provider of artificial intelligence (AI) services for the U.S. military.

Artificial intelligence (AI) investing has been a major theme in the markets in 2023 and 2024, and will likely be a trend in 2025 as well. One of the top AI stocks that many investors have piled into is Broadcom (NASDAQ: AVGO). The stock is up around 60% this year, making it a top performer in the market.

In total, DRAM delivered $17.6 billion in revenue in fiscal 2024, a 60% year-over-year increase, while total sales hit $25 billion on 62% year-over-year growth. The company converted 34% of sales, or $8.5 billion, into operating cash flow and earned $1.30 in diluted earnings per share (EPS).