AI Stocks Contribute $5 Trillion To US Household Wealth, JPMorgan Reveals

Benzinga

JPMorgan says U.S. household wealth jumped $5T in a year, fueled by AI-driven stock gains. AI-linked firms now make up 44% of the S&P 500’s value, lifting consumer spending but posing correction risks.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02JPMorgan Chase reported that U.S. household wealth surged by $5 trillion over the past year,

00:08driven by investments in AI-related stocks, according to Business Insider.

00:13The bank's analysts said 30 AI-linked firms now make up about 44% of the SP500's total value

00:19and could boost annual consumer spending by roughly $180 billion, or 0.9% of total consumption.

00:27JPMorgan cautioned that a potential correction in the AI sector could erode some of these wealth gains,

00:33though current conditions show no signs of an imminent reversal.

00:38Semiconductor and hardware firms dominate the list of top AI stocks,

00:42followed by software, cloud, and robotics companies.

00:45For all things money, visit Benzinga.com.

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