Greatest shares & ETFs for synthetic intelligence

In this episode of ETF Spotlight, I speak to Kevin Cook, Senior Stock Strategist at Zacks, about investing in advanced technologies that are bringing science fiction to our offices, homes, cars and portfolios.

The London-based research company DeepMind, which was taken over by the Alphabet parent company Google (GOOGLE) in 2014, has developed an AI system that can predict the 3D shape of all known proteins with near-perfect accuracy. This is a huge development for the life sciences and medicine.

Exponential advances in AI have changed the nature of computing and made Moore’s Law irrelevant. According to the WSJ, Huang’s law, named after NVIDIA’s CEO (NVDA), is now in full effect. We’re talking about NVIDIA and the rise of GPU computing.

Advanced Micro Devices (AMD) is reportedly climbing to all-time highs as the chipmaker continues to steal market share from Intel. Cadence Design Systems (CDNS) produces software that designs and builds semiconductors.

The Invesco QQQ (QQQ) and NASDAQ 100 ETF (QQQM), the cheaper version of QQQ, are the best ETFs to invest in many highly innovative companies working on advanced technologies.

The iShares Robotics And Artificial Intelligence Multisector ETF (IRBO), ARK Autonomous Technology & Robotics ETF (ARKQ), ROBO Global Artificial Intelligence ETF (THNQ), Global X Artificial Intelligence & Technology ETF (AIQ) are also worth a look.

Tune in to the podcast to learn more.

Look out for the next edition of the ETF Spotlight and don’t forget to subscribe! If you have any comments or questions, please email [email protected]

(In full disclosure, Neena owns IRBO shares in the ETF investor portfolio.)

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Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report

NVIDIA Corporation (NVDA): Free Stock Analysis Report

Cadence Design Systems, Inc. (CDNS): Free Stock Research Report

Invesco QQQ (QQQ): ETF Research Reports

Alphabet Inc. (Brille): Free Stock Research Report

ARK Autonomous Technology & Robotics ETF (ARKQ): ETF research reports

Global X Artificial Intelligence & Technology ETF (AIQ): ETF research reports

iShares Robotics and Artificial Intelligence Multisector ETF (IRBO): ETF Research Reports

ROBO Global Artificial Intelligence ETF (THNQ): ETF Research Reports

Invesco NASDAQ 100 ETF (QQQM): ETF Research Reports

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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