The explosive growth of the artificial intelligence (AI) market, which had largely been driven by the feverish expansion of generative AI platforms like OpenAI's ChatGPT, lit a fire under many tech stocks over the past year.

Some of those rallies were justified. Nvidia's stock deserved to soar because its chips were required to process high-end AI tasks. 's massive investment in OpenAI and the integration of its AI tools into its cloud-based services also made it a great play on that secular trend.

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Source Fool.com