A new era of AI investment is now beginning

As world markets invest more in AI we'll see a wave of infrastructure development. That's part of the story that spurred Nvidia to become the second most-valued company in the world this week, and it could soon take the number one spot soon. Cloud services, computer chip makers and data centres look set to benefit as generative AI spend climbs toward US$1.6 trillion in seven years.

Securities include Nvidia, Alphabet, Apple, Amazon.com, AMD, Cisco, Microsoft, VanEck Semiconductor ETF