Nasdaq 100 2023: Winners and losers at a glance for technology investors

The Nasdaq 100 significantly outperformed the Dow Jones and other major indices in 2023. Tech stocks in particular experienced a strong upswing, mainly driven by the euphoria surrounding artificial intelligence. There were winners and losers in the Nasdaq 100.

The winners of the Nasdaq 100 2023

The chip manufacturer Nvidia is the front runner with an increase of 194 percent. Nvidia is benefiting greatly from the euphoria surrounding artificial intelligence, as the company's graphics processors have long been proven for training AI models. However, the company is expected to experience a decline in sales in China due to supply restrictions.

Meta, formerly Facebook, also saw strong growth of 194 percent. The company was able to significantly increase its advertising business and plans to invest more in AI in the coming year.

Crowdstrike shares also recorded an increase of 142 percent. The company impressed with good quarterly figures and offers a cloud platform for cybersecurity that uses AI to detect new and complex threats in real time.

The losers of the Nasdaq 100 2023

Walgreens Boots Alliance shares fell 30 percent. The company is suffering from red numbers and is planning another savings program. The prospects for the current financial year are therefore rather negative.

Illumina also recorded a decline of 31 percent. Despite the launch of a new platform, analysts said there was no solution to the lack of growth, which has persisted for the fourth year in a row.

Moderna shares are at the bottom with a loss of 45 percent. The manufacturer of Covid-19 vaccines suffered billions in losses and is struggling with shrinking vaccine sales. Nevertheless, there have recently been positive study data that drove up the share price.

With material from dpaAFX.