AI frenzy swept the fund market! Nvidia (NVDA.US) beat Tesla (TSLA.US) to become the most popular single-stock ETF asset.

According to the Wise Finance APP, a new player has taken the lead in the speculative field of ETF investments. Thanks to the continuous prosperity of artificial intelligence, Nvidia (NVDA.US) now dominates the ETF tracking of a company, occupying more than half of the assets of the so-called single-stock ETF, with a total amount exceeding $6 billion. Meanwhile, according to data from JPMorgan and Bloomberg Intelligence, Tesla (TSLA.US)-centered funds account for only one-fifth of all assets in the industry, down from two-thirds last year.

Zhitong FinanceJul 8 23:40 ET

Nvidia's Stock Selloff Inspired Retail Investors to Buy the Dip

By Gordon Gottsegen The megacap tech stock entered correction territory this week - and individual investors took advantage of the discount Nvidia Corp. shares may have entered correction territory

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Nvidia Continues to Dominate IBKR's Weekly Most-active Stocks and Options List

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Seeking AlphaJun 22 09:00 ET

IBKR Says It Saw 'Massive' Net Buying in Nvidia Following AI Chipmaker's 10:1 Stock Split

Interactive Brokers (IBKR) said it saw heavy activity in Nvidia (NVDA) on its trading platform following the AI chipmaker’s recent stock split, while a “newly resurgent” Apple (AAPL) moved higher on its weekly list of the most-active symbols.

Seeking AlphaJun 18 16:17 ET

Nvidia Becomes World's Largest Company

Nvidia's rally has propelled the semiconductor giant's market capitalization over its mega-cap tech peers, helping it clinch the title of the world's most-valuable company.

BloombergJun 18 15:31 ET