{"id":13897,"date":"2023-05-25T20:49:52","date_gmt":"2023-05-26T00:49:52","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/ai-themed-etfs-jump-as-nvidia-surges\/"},"modified":"2023-05-25T20:49:52","modified_gmt":"2023-05-26T00:49:52","slug":"ai-themed-etfs-jump-as-nvidia-surges","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=13897","title":{"rendered":"AI-themed ETFs jump as Nvidia surges"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002103116\" role=\"document\">\n<p>Shares of exchange-traded funds that provide exposure to companies involved in artificial intelligence were rising sharply Thursday.\u00a0<\/p>\n<p>The Roundhill Generative AI &amp; Technology ETF<br \/>\n        CHAT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/245247602\/composite\" class=\"positive\">+3.31%<\/bg-quote><span>,<\/span><br \/>\n       whose top holdings recently included Nvidia Corp.<br \/>\n        NVDA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200467500\/composite\" class=\"positive\">+24.37%<\/bg-quote><span>,<\/span><br \/>\n       Microsoft Corp.<br \/>\n        MSFT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207732364\/composite\" class=\"positive\">+3.85%<\/bg-quote><br \/>\n       and Google parent Alphabet Inc.<br \/>\n        GOOGL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202490156\/lastsale\" class=\"positive\">+2.13%<\/bg-quote><span>,<\/span><br \/>\n       was up 3% Thursday afternoon, according to FactSet data, at last check. The top five holdings of the fund, which launched this month, also included Advanced Micro Devices Inc.<br \/>\n        AMD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208144392\/composite\" class=\"positive\">+11.16%<\/bg-quote><br \/>\n        and Adobe Inc.<br \/>\n        ADBE,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200389143\/composite\" class=\"positive\">+7.19%<\/bg-quote><br \/>\n       as of May 24, according to data on the website of Roundhill Investments.<\/p>\n<div class=\"paywall\">\n<p>Meanwhile, the Global X Robotics &amp; Artificial Intelligence ETF<br \/>\n        BOTZ,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205896633\/composite\" class=\"positive\">+3.02%<\/bg-quote><br \/>\n       was climbing 2.7% Thursday afternoon, bringing its year-to-date gains to more than 30%, FactSet data show, at last check. The fund\u2019s top holdings also include chip maker Nvidia, which was surging more than 25% Thursday afternoon.<\/p>\n<p>The AI-focused ETFs were outperforming the broad U.S. stock market in Thursday afternoon trading, with the Dow Jones Industrial Average<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"negative\">-0.11%<\/bg-quote><br \/>\n       falling 0.4% while the S&amp;P 500<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"positive\">+0.88%<\/bg-quote><br \/>\n       rose 0.7% and the technology-heavy Nasdaq Composite<br \/>\n        NVDA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200467500\/composite\" class=\"positive\">+24.37%<\/bg-quote><br \/>\n       gained 1.7%, according to FactSet data, at last check.<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/ai-themed-etfs-jump-as-nvidia-surges-f885787f?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of exchange-traded funds that provide exposure to companies involved in artificial intelligence were rising sharply Thursday.\u00a0 The Roundhill Generative AI &amp; Technology ETF CHAT, +3.31%, whose top holdings recently included Nvidia Corp. NVDA, +24.37%, Microsoft Corp. MSFT, +3.85% and Google parent Alphabet Inc. GOOGL, +2.13%, was up 3% Thursday afternoon, according to FactSet data, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-13897","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AI-themed ETFs jump as Nvidia surges | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Shares of exchange-traded funds that provide exposure to companies involved in artificial intelligence were rising sharply Thursday.\u00a0 The Roundhill\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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