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March 19, 2024, 1:38 a.m.
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Investor interest in artificial intelligence (AI) has led to a surge in AI-themed exchange-traded funds (ETFs), with the universe of such funds in the US growing to $6. 88 billion as of February, up from $2. 55 billion the previous year. These funds cover a range of themes, from robotics to sound generation. While it's still early in the evolution of the AI ETF category, investors are exploring the possibilities.

Nvidia, whose chips are considered the gold standard in AI, continues to attract attention. However, the fate of current AI market favorites remains uncertain, as previous waves of investor excitement in technologies have seen stock prices eventually fizzle out.


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