From NASDAQ: 2024-07-09 16:04:46

Artificial intelligence (AI) is attracting investors from both sides of the aisle, with BlackRock Global Chief Investment Strategist Wei Li noting AI’s impact extending beyond tech to sectors like healthcare, financials, and industrials. Semiconductor chips remain pivotal, with politicians like Nancy Pelosi and Marjorie Taylor Greene making notable AI stock trades. Pelosi bought 10,000 Nvidia (NVDA) shares and 20 Broadcom (AVGO) call options. NVDA stock has rallied 163.5% YTD, while AVGO stock offers a 1.19% dividend yield. Greene purchased CrowdStrike (CRWD) and ASML Holdings (ASML) shares, both of which have seen strong YTD growth. ASML, a key player in semiconductor manufacturing, has a market cap of $425.1 billion and is at the center of global trade tensions with China. The stocks mentioned maintain strong analyst ratings and have seen recent price gains.



Read more at NASDAQ: 4 AI Stocks That Nancy Pelosi and Political Insiders Are Betting On Now