Since ChatGPT was released in November 2022, the tech sector has surged 47%, far outpacing the S&P 500's 18% gain over the same time period.

Technology stocks just hit all-time highs relative to the S&P 500, according to Bank of America. The surge has eclipsed the dot-com bubble highs from 2000 and the highs seen during the 1960s bull ...