Yhn BusinessFinance first seen 2 d ago, last 31 min ago, peak #2
Nvidia and Micron Drive a Third of US Earnings Growth
Original: Nvidia and Micron Make Up 34% of America's Earnings Boom
Just two chipmakers, Nvidia and Micron, account for roughly 34% of the growth in American corporate earnings, according to a Wall Street Journal analysis of the current earnings season. The concentration is fueling debate over how dependent the wider stock market rally is on artificial intelligence demand, with commentators noting that the US earnings boom rests on a handful of stocks rather than broad-based growth across sectors.
Why now: Investors are increasingly worried the stock market's gains hinge on a small number of AI-exposed chip companies.
NvidiaMicronWall Street JournalUS stock market
Rank over time, top of the chart is #1. 12 snapshots from 5 h ago to 31 min ago.
Evidence
- Nvidia and Micron Make Up 34% of America's Earnings Boom · JumpCrisscross · 175
API: https://socialmediatrends-api.osmike.com/v1/trends/3920278