The big tech companies triple their profit after the emergence of AI
The Magnificent Seven –Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla– maintain their strength with a combined profit of $557 billion –or €480 billion– in the first half of the year, once Nvidia’s results are known. It is more than triple (258%) compared to the same period in 2021, before ChatGPT and the AI fever emerged, which have benefited them and at the same time cast doubt on them, without disrupting their stability for now. A colossal figure despite covering only six months. Behind the strong rise is mainly Nvidia, which has gone from being just another listed company to a monster: it earns 28 times more, with over $100 billion up to June.