The Nasdaq Composite has been gaining ground for more than two years now. Its rise was driven by the dawn of artificial intelligence (AI), a U.S. Presidential election, declining inflation, and the beginning of long-awaited interest-rate cuts.

This semiconductor and data center player has grown like wildfire over the past couple of years and shows no signs of slowing.

After surging 43% in 2023, the Nasdaq has gained roughly 33% so far this year, as of this writing. A look at the past suggests the benchmark index could continue to run in 2025. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free »