AI-related stocks have been on a tear since the launch of ChatGPT in November 2022, with staggering returns, earnings growth, and capital spending growth. According to JPMorgan’s Cembalest, these stocks have accounted for a whopping 75% of S&P 500 returns, 80% of earnings growth, and an astonishing 90% of capital spending growth since the launch of ChatGPT.

These numbers are nothing short of remarkable, and they speak to the incredible potential of AI technology in driving business growth and innovation. As AI continues to advance and become more integrated into various industries, it’s clear that these stocks will continue to thrive.

So which stocks are leading the charge? Cembalest notes that some of the top performers include NVIDIA, Google, and Microsoft, all of which have seen significant gains in their share prices. Other notable players in the space include Amazon, Alphabet’s Waymo, and IBM.

But it’s not just about the big names. Cembalest also highlights some lesser-known stocks that are worth keeping an eye on, such as Textron, which has seen its share price surge by over 50% since November 2022. Other notable players in this space include Caterpillar and Deere.

Of course, with any emerging technology comes the potential for risks and challenges. As AI becomes more integrated into various industries, there are concerns about job displacement and ethical implications. However, these concerns can be mitigated through responsible and ethical use of AI technology, and it’s clear that many companies are taking these issues seriously.

The numbers speak for themselves – AI-related stocks have been on a tear since the launch of ChatGPT, and they show no signs of slowing down. Whether you’re an investor looking to capitalize on this trend or simply someone interested in the future of technology, these numbers are certainly worth paying attention to.