AI Chip Boom Fuels Gains for Super Micro, Nvidia, Meta Platforms in Top S&P 500 Stocks of 2024

Super Micro Computer stock has skyrocketed over 240% in 2024 to be the top S&P 500 performer. It makes servers for AI chips.

Nvidia stock has surged 90% on booming demand for its AI chips, with 11 straight weekly gains.

Constellation Energy is up over 50%, benefitting from growing power demand for AI data centers.

Meta Platforms stock has rallied 44% in 2024 on strong earnings and new dividend/buyback plans.

Deckers Outdoor recently joined the S&P 500 and its stock rose 38% amid demand for its Hoka shoes.