The tech-heavy NASDAQ composite has risen 17.63% over the past year compared with 14.2% and 9.5% gains in the S&P 500 and the Dow, respectively. The NASDAQ 100 Technology Sector Index rose 42.72% over the same period. Due to a boom in artificial intelligence (AI), cloud computing, semiconductors, data centers and digital infrastructure sectors, the tech industry in the United States has given investors handsome returns over the past years. Investors who had parked their money in tech stocks have earned attractive returns owing to the recent advancement in the industry. Inflation remains above the Federal Reserve's 2% target, while interest rates also remain relatively high.
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