The rise of ChatGPT has sparked a boom in AI-related stocks and chip-makers.

NurPhoto/Getty Images; Phil Rosen/Insider

Following a brutal year for tech, the rise of ChatGPT has sparked a boom in AI stocks and chip-makers. Shares of both well-known and obscure companies have skyrocketed on even small updates related to AI.  The frenzy bears some resemblance to the meme stock craze, but AI's foundation is stronger, experts say. 

On the heels of a brutal year for Big Tech, the meteoric rise of...

Continue Reading AI stocks are soaring in a meme-like frenzy. Here's why investors won't have to rely on Reddit enthusiasm to sustain the rally.