Reported 10 months ago
On June 20, 2024, the heavyweight US tech ETF SPDR (XLK) announced a significant adjustment in Nvidia's weight from 6% to an estimated 21% in the S&P Tech Select Industry Index, bringing in over a billion dollars of funds into Nvidia. This adjustment has attracted the attention of institutional investors, with ETF stock 00830 experiencing a 3-day continuous rise, reaching a new high of 53.15 yuan. Analysts believe that investing in Nvidia through ETFs has become a popular choice due to its strong position in the AI field and potential for long-term growth, with various ETFs holding high Nvidia weights showing significant returns. Market experts also point out positive outlooks for tech stocks, AI applications, and opportunities in tech bonds and REITs due to expected decreasing interest rates. The future focus is likely to be on tech infrastructure and equipment, with tech REITs expected to see increased investment due to advancement in computing power and the shift towards infrastructure development.
Source: YAHOO