$500 a Month Invested in This Unstoppable Artificial Intelligence-Related ETF Could Make You a Millionaire
Artificial intelligence (AI) is top of mind for some investors at the moment, and for good reason. The technology is driving some blockbuster returns in the stock market this year, led by semiconductor giant Nvidia, which saw share prices triple in value in 2023 and push its valuation over $1 trillion. The AI industry is still very young, and more value creation is likely to come as the technology develops.
One example of how a new technology can create an incredible impact is the internet. The internet's early growth helped motivate the creation of Amazon in 1994. That company's revenue went from nothing to over $500 billion per year as it took advantage of the digital world's growth to build out its e-commerce, advertising, and cloud computing segments.
By some estimates, AI could be an even bigger motivator.
Source Fool.com