Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged growth.

Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after quarterly reports from Microsoft and Meta Platforms showed massive investments in the emerging technology were paying off.

Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks Making Waves on Wall Street. On July 30, Meta Platforms CEO Mark Zuckerberg said that the creation of super intelligent artificial intelligence is “now in sight” and that it will usher in a “new era of personal empowerment.

The parent company of Facebook and Instagram continues to exceed expectations for ad sales. Analysts are less sure about its big swings.

Friedman-stylized blog post, Zuckerberg lays out how he thinks this will work in the AI era: “If trends continue, then you’d expect people to spend less time in productivity software, and more time creating and connecting.