How fund managers are playing the AI-fuelled tech rally


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Shares of Nvidia, whose semiconductor chips power ChatGPT and other AI, soared recently after it forecast that second-quarter sales would more than double Wall Street estimates.HANDOUT/AFP/Getty Images Sign up for the Globe Advisor weekly newsletter for professional financial advisors on our newsletter sign-up page. Get exclusive investment industry news and insights, the week’s top headlines, and what you and your clients need to know. Technology stocks took a thrashing in 2022 amid sharply rising interest rates, but a wave of enthusiasm over artificial intelligence (AI) has helped power this year’s blistering rally. The tech-heavy Nasdaq...