US technology companies post 41% earnings growth in first quarter

4 articles · Updated · Bloomberg · Apr 28

Bloomberg Intelligence data shows this is the largest increase among all S&P 500 sectors, nearly double the growth of materials companies.
Chipmakers are the primary beneficiaries, fueled by unprecedented artificial intelligence investment from major technology firms.
This surge highlights the tech sector's leadership in corporate earnings and underscores AI's growing influence on industry profitability.

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