Companies like Nvidia and Micron Technology have become some of the faces of the artificial intelligence (AI) revolution.
From a stock market perspective, however, leadership in the AI trade has shifted multiple times. What started with the hyperscalers has transitioned to semiconductor chips to memory stocks and, more recently, cybersecurity names.
Because of this rapid evolution, I usually suggest that investors consider a more broadly diversified investment, such as the Global X Artificial Intelligence & Technology ETF. But there are unquestionably unique opportunities in these sub-themes.
Here are the five ETFs I’d consider for each segment of the AI trade.
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1. The foundation of AI is chips
The VanEck Semiconductor ETF (SMH +0.36%) is still one of the most foundational ways to invest in AI infrastructure.
VanEck ETF Trust – VanEck Semiconductor…