Roundhill Generative AI and Technology ETF has 18.8% invested in Nvidia, Alphabet, and Microsoft

From Nasdaq: 2024-10-29 05:35:00

Artificial intelligence (AI) presents a significant financial opportunity, but history shows the challenge of picking winners in the tech sector. Pets.com failed during the dotcom bust, while Amazon thrived with cloud computing. The Roundhill Generative AI and Technology ETF is a good option for investors looking to capitalize on AI stocks.

The Roundhill ETF includes top AI companies like Nvidia, which saw record data center revenue due to GPU sales. Nvidia’s new Blackwell chips are in high demand, driving growth. Customers like Alphabet and Microsoft rely on Nvidia’s GPUs for AI development in their data centers.

The Roundhill ETF outperformed the S&P 500 this year, but has a higher expense ratio. AI is projected to add trillions to the global economy by 2030. However, if AI disappoints, stocks like Nvidia could suffer. It’s best to own this ETF alongside other diversified investments.

Consider investing in the Roundhill ETF through Stock Advisor, which provides expert guidance and stock picks. Past recommendations, like Nvidia in 2005, have led to significant returns. The service has outperformed the S&P 500 since 2002. John Mackey and other industry leaders are involved in the ETF’s companies.



Read more at Nasdaq: Meet the Artificial Intelligence (AI) ETF With 18.8% of Its Portfolio Invested in Nvidia, Alphabet, and Microsoft