Nvidia is riding high on the AI wave, adding a staggering $2.2 trillion to its market value as demand for its powerful GPUs skyrocketed.

Tech stocks are on fire this year, delivering their best performance in decades. 2024 is turning into a goldmine for companies linked to artificial intelligence and cryptocurrency. The Nasdaq has surged by an impressive 33%, with other U.S. markets also showing double-digit growth.

From AI-driven ad systems to crypto-powered investments, the tech world is minting money like never before. Companies are adopting new technologies faster than ever, even as most everyday people remain in the dark about how AI truly works. But the real game-changer came after Donald Trump’s election win, heavily funded by crypto titans, which sent the markets into overdrive. With only a few trading days left in the year, the big winners in tech have emerged.

**MicroStrategy Goes All-In on Bitcoin**
MicroStrategy has transformed into a crypto powerhouse this year. Its stock skyrocketed by 467%, thanks to its massive Bitcoin holdings—over 444,000 coins now worth around $44 billion. This makes it one of the largest Bitcoin holders in the world.

The company pivoted to a Bitcoin-first strategy back in 2020 under its founder Michael Saylor, ditching its old software business model. As MicroStrategy’s stock value climbed, it reinvested by buying even more Bitcoin, creating a cycle of growth that Wall Street couldn’t ignore.

Trump’s victory gave the company another boost, with its stock jumping 57% and Bitcoin rallying by 44%. Saylor confidently called Bitcoin the “safe bet” in crypto and predicted even bigger gains as new regulations kick in.

**AppLovin’s AI Ad Revolution**
AppLovin started 2024 as a relatively small player in tech, valued at $13 billion. Fast forward a year, and it’s now worth over $110 billion, surpassing giants like Starbucks and Intel.

The secret? A pivot to AI-powered advertising. AppLovin’s AXON 2.0 ad platform uses cutting-edge machine learning to show users the right ads at the right time, and it’s been a game-changer.

In Q3 alone, revenue from its software platform shot up by 66% to $835 million, with total revenue growing by 39%. Profits have exploded, growing 300% and smashing expectations.

**Robinhood Rides the Crypto Wave**
Robinhood has made a strong comeback this year, thanks to the booming interest in cryptocurrency. Its stock more than tripled in value despite a brief stumble in October due to weak earnings. Investors quickly shrugged it off, and the stock surged again after Trump’s election win and a broader market rally.

Crypto trading is now Robinhood’s moneymaker. Revenue from crypto transactions jumped 165% in Q3, hitting $61 million and accounting for 10% of the company’s total income. The app has become a go-to for everyday investors looking to trade Bitcoin, Ethereum, Dogecoin, and even meme coins like PEPE.

CEO Vlad Tenev has doubled down on crypto, calling it a “disruptive technology” that will transform payments and loans. Analysts predict Q4 revenue will grow by 70%, marking Robinhood’s fastest growth since 2021.

**Nvidia: The King of AI Hardware**
Nvidia remains unbeatable in the AI hardware race. Its stock soared by 183% this year, adding an eye-popping $2.2 trillion to its market value. Twice in 2024, Nvidia briefly overtook Apple to become the world’s most valuable publicly traded company.

The secret to its success? GPUs that power almost every major AI application out there. Demand for Nvidia’s chips has been through the roof, with revenue growing by at least 94% every quarter—and even topping 200% in some cases.

CEO Jensen Huang revealed that Nvidia’s next-generation AI chip, Blackwell, is already in production and raking in billions. CFO Colette Kress noted that their biggest customers are racing to launch AI projects that could create “billions of agents” in the years ahead. While growth may slow slightly in 2025, Nvidia’s dominance in AI hardware looks rock solid.

**2024: A Historic Year for Tech Stocks**
This year has been nothing short of historic for tech markets. Fueled by breakthroughs in AI and crypto, companies are reshaping industries and rewriting market rules. The question now: how long can this extraordinary momentum last?