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Investors' enthusiasm for artificial intelligence (AI) has overshadowed concerns about the impact of high central bank interest rates, making the Nasdaq 100 index the largest gain in a decade. The seven giants, including NVIDIA, have made a significant contribution to the current bull market, making the tech dominated Nasdaq 100 index expected to record its best year in over a decade. As of the time of publication, the Nasdaq 100 index rose slightly by 0.2% within the day, with a cumulative increase of 51% this year. The last time it reached 50% was in 2009. Among the constituent stocks, NVIDIA, the AI seller, performed the most outstandingly, with a growth rate of 230% this year, ranking first in the S&P 500 index.
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