A major ETF firm provider is betting the artificial intelligence boom is just starting.
Roundhill Investments launched the Generative AI & Technology ETF (CHAT) less than 20 days ago.
It's the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies.
Mazza notes the fund includes not just pure play AI companies like C3.ai but also large-cap tech companies such as Microsoft and AI chipmaker Nvidia .
His bullish forecast comes amid concerns AI is a price bubble that will pop and take down the Big Tech rally.
Persons:
Dave Mazza, Richard Bernstein, Dan Suzuki —, —
Organizations:
Roundhill Investments, Technology, Microsoft, Nvidia, Big Tech, Richard Bernstein Advisors