Written 1 days ago
ETFs Focus on Nvidia, Drop Intel
ETFs incorporating the leading AI company Nvidia have seen a steep increase in returns. Investors are focusing on Nvidia-centric ETFs, excluding Intel, which is experiencing sluggish performance. Samsung Asset Management has launched several AI-related ETFs this year, all heavily weighted with Nvidia while excluding Intel from their investment targets. Korea Investment Management and Hanwha Asset Management have also introduced ETF products with increased shares of Nvidia. On the New York Stock Exchange, Nvidia’s stock price has been on the rise, reflecting investor confidence. Conversely, Intel is undergoing restructuring, indicating the challenges the company faces.
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