ETF experts see Nvidia turmoil and a Democratic Congress shifting the AI trade
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.
On CNBC’s ETF Edge, investing experts said Nvidia’s troubled week and CEO Jensen Huang’s resignation, together with a Democratic-controlled Congress pushing back on data centers, could change how AI demand is met. Roundhill CEO Dave Mazza argued that if investors lose trust in Nvidia they will seek other chip sources, while hyperscalers may gain as compute grows more valuable. He noted the Magnificent Seven ETF (MAGS) ended the week higher and discussed flows for the Neocloud ETF (NCLD).
Continue in the app — vote & join in ➔Source: CNBC Top News · via ahirlevel.hu