Invest in AI: Part 3. ChatGPT, Together Strong!

This is part of the Invest in AI series.

The year 2023 is going to be an exciting year for the artificial intelligence industry as well as the semiconductor industry. After many years of rapid innovation and billions of dollars invested into research and development in these fields, we are now able to experience endless possibilities such as self-driving cars to personal assistants.

Companies such as OpenAI, Apple ( $Apple (AAPL.US)$ ), Microsoft ( $Microsoft (MSFT.US)$ ), Google ( $Alphabet-A (GOOGL.US)$ , $Alphabet-C (GOOG.US)$ ), Amazon ( $Amazon (AMZN.US)$ ), Baidu ( $Baidu (BIDU.US)$ , $BIDU-SW (09888.HK)$ ), Tencent ( $Tencent (TCEHY.US)$ , $TENCENT (00700.HK)$ ), Alibaba ( $Alibaba (BABA.US)$ , $BABA-W (09988.HK)$ ), Intel ( $Intel (INTC.US)$ ), Nvidia ( $NVIDIA (NVDA.US)$ ), AMD ( $Advanced Micro Devices (AMD.US)$ ), Facebook ( $Meta Platforms (META.US)$ ), Tesla ( $Tesla (TSLA.US)$ ) and many others have developed and apply AI technologies in our daily life. However, buying individual stocks of all these companies can be challenging if Mooers do not have enough money and time to manage them.

Thus, FUTU ( $Futu Holdings Ltd (FUTU.US)$ ) MooMoo have come out with a solution by offering mutual funds for Mooers to invest. These actively-managed mutual funds pool investor moolah together to invest in various companies from different countries, industries and sectors. For example, the ones listed below are mutual funds which invest in companies that are from the AI, semiconductor and Robotics industry.

Fidelity Global Technology Fund ( $Fidelity Funds-Global Technology Fund (LU1046421795.MF)$ , $Fidelity Funds-Global Technology Fund (LU1823568750.MF)$ )
The fund invests in various companies such as Salesforce ( $Salesforce (CRM.US)$ ), Ericsson ( $ERICSSON(L.M.)(TELEFONAKTIEBOLAGET) (ERIXF.US)$ ), SAP SE ( $SAP SE (SAP.US)$ ) and Rolls-Royce Holdings PLC ( $ROLLS ROYCE ADR (RYCEY.US)$ )

Polar Capital Automation and Artificial Intelligence Fund
The fund invests in various companies such as Baker Hughes ( $Baker Hughes (BKR.US)$ ), KLA Tencor ( $KLA Corp (KLAC.US)$ ), Hoya ( $Hoya (7741.JP)$ ) and Epiroc AB ( $EPIROC AB UNSPON ADS EACH REP 1 ORD SHS (EPOKY.US)$ ).

Pictet Robotics Fund
The fund invests in various companies such as Siemens AG ( SIEX.N ), Qualcomm Inc ( $Qualcomm (QCOM.US)$ ), NXP Semiconductors NV ( $NXP Semiconductors (NXPI.US)$ ), Microchip Technology Inc ( $Microchip Technology (MCHP.US)$ ) and Fanuc Corp ( $Fanuc (6954.JP)$ ).

Sanlam Global Artificial Intelligence Fund
The fund invests in various companies such as Advantest Corp ( $Advantest (6857.JP)$ ), Halliburton ( $Halliburton (HAL.US)$ ), UnitedHealth Group ( $UnitedHealth (UNH.US)$ ) and MercadoLibre Inc ( $MercadoLibre (MELI.US)$ ).

Putnam Global Technology Fund Class A
The fund invests in various companies such as Taiwan Semiconductor Manufacturing ( $Taiwan Semiconductor (TSM.US)$ ), Oracle ( $Oracle (ORCL.US)$ ), Renesas Electronics Corp ( $Renesas Electronics (6723.JP)$ ) and Palo Alto Networks ( $Palo Alto Networks (PANW.US)$ ).

Franklin DynaTech Fund Class A
The fund invests in various companies such as Thermo Fisher Scientific Inc ( $Thermo Fisher Scientific (TMO.US)$ ), Danaher Corp ( $Danaher (DHR.US)$ ), ASML Holdings ( $ASML Holding (ASML.US)$ ) and Intuit Inc ( $Intuit (INTU.US)$ ).

Hmm... I wonder how much moolah do Mooers put into mutual funds that invest in AI, semiconductor and robotics industries.