Global AI Stock Investment Booms With Nvidia, Tesla Drives Market Surge

AI-driven stock selection and robo-advisory services are rapidly gaining popularity among retail investors, with at least 10% globally using chatbots like ChatGPT for investment decisions. This surge is fueling a forecasted growth of the robo-advisory market from $61.75 billion in 2024 to nearly $471 billion by 2029. Despite the enthusiasm, experts caution that AI investing remains risky and cannot yet replace traditional financial advisors, especially as general AI models may miss critical data. Nvidia is a central figure in the AI investment boom, having announced a $100 billion investment in OpenAI, which sparked a massive market rally and added over $320 billion in market value within just three trading days. Other tech giants like Alibaba and Microsoft are also increasing their AI investments, contributing to a market environment where investors eagerly reward companies leading in AI innovation and infrastructure. Analysts now foresee AI-related data center spending potentially doubling earlier projections, underscoring the growing scale and impact of AI in the technology sector.