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ChatGPT revolution has driven half the gains in the stock market this year: JPMorgan

Published: April 25, 2023 at 4:13 a.m. ET This photo illustration shows the ChatGPT logo at an office in Washington, DC, on March 15, 2023. stefani reynolds/Agence France-Presse/Getty Images The interest sparked in artificial intelligence driven by ChatGPT and other large language models has driven more than half the gains in the S&P 500 this

chatgpt-revolution-has-driven-half-the-gains-in-the-stock-market-this-year:-jpmorgan

This photo illustration shows the ChatGPT logo at an office in Washington, DC, on March 15, 2023.

stefani reynolds/Agence France-Presse/Getty Images

The interest sparked in artificial intelligence driven by ChatGPT and other large language models has driven more than half the gains in the S&P 500 this year, according to an analysis from JPMorgan.

The analysis finds that interest in the theme has led to a market cap creation of $1.4 trillion and gains of 45% year-to-date.

The analysis includes…

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