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Dec 03, 2020 (IAM Newswire via COMTEX) —
Since the market plunged in March, tech companies recovered quickly and the tech index rose 70%. They have the pandemic to thank for that as it gave them ‘Pixie dust” kind of fuel to reach new heights.
Overall, the tech industry had a great year as it capitalized on remote work and stay-at-home quarantines. It provided companies and their employees with tools they need to keep operating. Hardware makers, network equipment creators, cybersecurity providers and cloud developers all benefited. For example, Intel’s biggest competitor Advanced Micro Devices, Inc. (NASDAQ: AMD) announced its best quarter to record, while releasing a latest-gen GPU (graphics processing unit) which will make NVIDIA Corporation (NASDAQ: NVDA) harder to keep its first place in the GPU market. Here are a few others tech companies that