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Chip Stocks under AI Bubble: It's all about narrative
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Why and how to invest in EVs, AI & Chips

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Jessica Amir joined discussion · Oct 6, 2023 14:49
Here are two long-term growth investments to consider, along with stocks and ETFs.
Firstly. Electric Vehicles: Australia's EV market just hit 10% penetration. The US, China, and the EU are on track for 60% by 2030.
Denmark, Netherlands, the UK, NZ are banning new fuel cars by 2030. Australia's ACT by 2035.This is driving EV makers sales and earnings.
Secondly consider AI and Chips: Generative AI spending is tipped to grow at 42% annually over the next decade.
Over 100% revenue growth is projected in AI ad spending and AI-based services. All this will drive innovation and earnings in big tech companies.
So how do you invest in these themes and what could you invest in?
For EVs, consider $Tesla (TSLA.US)$, BYD $BYD COMPANY (01211.HK)$, or Volkswagen $VOLKSWAGEN AG (VLKAF.US)$ for their strong EV sales. Or, try the ETF DRIV $BetaShares Electric Vhcl & Fut Mblty ETF (DRIV.AU)$ .
For the AI and Chips think about investing in Microsoft $Microsoft (MSFT.US)$, Google $Alphabet-C (GOOG.US)$, or Nvidia $NVIDIA (NVDA.US)$. Or the ETF AIQ. $Global X Artificial Intelligence & Technology ETF (AIQ.US)$.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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