The artificial intelligence (AI) sector exploded on Thursday following OpenAI’s unveiling of its next-gen AI model, which promises unprecedented capabilities in natural language processing. NVIDIA (NVDA) surged 8% to a new all-time high, while other AI-focused stocks like AMD (AMD), Microsoft (MSFT), and Alphabet (GOOGL) gained between 3-5%.
OpenAI’s CEO announced that the new model, GPT-5, will launch later this year with multimodal reasoning, sparking a frenzy among investors. “This is a game-changer for industries from healthcare to finance,” said tech analyst John Smith.
The Nasdaq-100 (^NDX) climbed 2.3%, outperforming broader markets. Analysts predict AI-driven productivity gains could add $7 trillion to global GDP by 2030, further fueling the sector’s growth.
Key Takeaways:
- NVIDIA leads AI rally, hitting a record high.
- GPT-5 announcement ignites sector-wide optimism.
- Big Tech stocks benefit, with Microsoft and Google gaining.
