The benchmark S&P 500 index is on a roaring bull run, continuing to set new record highs. It's weighted by market capitalization, which means a mere handful of large technology stocks can heavily influence its performance, and they are responsible for a significant portion of its gains in the past year.

Nvidia is one of those stocks. It rocketed to a market cap of $3 trillion, making it the second-largest company in the world. It was worth just $360 billion at the start of 2023!

Artificial intelligence (AI) is responsible for most of Nvidia's incredible value creation, but it isn't the only stock benefiting from this technological revolution. Two exchange-traded funds (ETFs) hold some of the leading AI stocks that will likely continue propelling the S&P 500 higher.

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Source Fool.com