Growth of stock markets in the USA amid selective investments in artificial intelligence
In 2025, despite investors’ caution in the field of artificial intelligence, U.S. stock indices such as S&P 500 and Nasdaq demonstrated significant growth, CNBC reports.
During the second half of 2025, the market entered a more complex phase, where, amid concerns about macroeconomic risks and a possible “AI bubble,” trading became more volatile. Meanwhile, among technology giants, companies like Alphabet and Nvidia showed the best results, while Amazon and Apple lagged slightly behind. At the beginning of the year, Alphabet was a laggard in the AI sector, but the launch of new models, such as Gemini 3 and Nano Banana Pro, significantly changed the situation. The number of AI Overviews users in Google Search increased to 2 billion per month, which contributed to a 66% increase in Alphabet’s shares. This forced OpenAI to reconsider its plans and accelerate the improvements of its ChatGPT product, temporarily postponing other developments.
Changes in the AI market also affected companies involved in manufacturing equipment. Shares of Western Digital, Micron Technology, and Seagate increased significantly due to the growing demand for data center infrastructure. In early November 2025, OpenAI and Amazon Web Services announced a multi-year agreement allowing OpenAI to scale its AI systems on AWS infrastructure. In parallel, OpenAI’s partners, such as SoftBank and Oracle, secured nearly 100 billion dollars in loans for infrastructure expansion.
Additionally, integration of AI in various industries such as retail and transportation continues to grow. DoorDash, for example, recorded a 40% increase in stock value after integrating with ChatGPT. Alphabet is expanding its robotaxi program, while Uber and Lyft plan tests of driverless taxis in the UK. Estonian company Bolt has signed an agreement with Pony.ai to launch autonomous robotaxis in Europe. NVIDIA also announced a partnership with Uber to create the largest network of level 4 autonomous vehicles, expected to be on roads by 2027.
Investment in space infrastructure also remains relevant, positively impacting shares of EchoStar, AST SpaceMobile, Planet Labs, and Rocket Lab, which have risen by over 300% within the year.
Changes in the AI industry are leading to job reductions in large companies, for example, Amazon plans to lay off about 500,000 employees. Ukraine has climbed 14 places in the global AI readiness ranking, according to Oxford Insights.
