Top Mutual Funds Bet Billions on AI Despite Market Swings

Top mutual funds poured over $1.6 billion into Nvidia, $452 million into Meta, and $450 million into Alphabet, showing ongoing faith in AI.

AI adoption is expanding into diverse sectors like restaurants, retail, chips, networks, and autos.

AI stocks will ebb and flow, but AI itself is a tectonic long-term shift.

Applications of AI will become ubiquitous and fade into the background over time.

For investors, the expanding AI opportunity remains huge despite market fluctuations.