For much of the last two years, big tech has dominated the storyline revolving around artificial intelligence (AI). "Magnificent Seven" members Microsoft, Amazon, and Alphabet have invested billions into the likes of ChatGPT creator OpenAI and perhaps its biggest rival,

Market researcher IDC forecasts that global AI-related spending could hit $337 billion next year and jump to a whopping $749 billion by 2028. As a result, technology companies selling AI-related hardware and software should ideally witness healthy growth in their businesses next year.

Artificial Intelligence (AI) is proving to be a game-changing technology and with it, several companies are emerging as winners in this sector of the economy. The stocks for many of these companies have already seen large gains.

Artificial intelligence stocks have helped propel the markets to all-time highs, but can the momentum really keep going?

Two prominent companies in this area are quantum computing company IonQ (NYSE: IONQ) and semiconductor-giant Nvidia (NASDAQ: NVDA). Through Dec. 11, IonQ's share price was up around 140%, and Nvidia's had risen about 180% in 2024.