AI Stocks Soar as Investors Bet on Trillion-Dollar Economic Boost
• Artificial intelligence (AI) could add trillions to the global economy, leading investors to buy stocks like Nvidia, Microsoft, Alphabet, and Amazon
• AI exchange-traded funds (ETFs) offer exposure to multiple AI stocks in one security while diversifying risk
• The Roundhill Generative AI and Technology ETF (CHAT) holds 47 stocks, including top names like Nvidia, Microsoft, Alphabet, Meta, and Amazon
• CHAT is up 18.9% in 2024, beating the S&P 500's 10.3% return, thanks to strong gains from its top AI stock holdings
• While promising, CHAT's concentration in AI means it could plunge if the technology fails to live up to expectations