News for ISHARES TRUST (IYMCL.SN)

The artificial intelligence (AI) industry is still in its infancy, but investors already witnessed its incredible potential to create value. Since the start of 2023, Nvidia's (NASDAQ: NVDA) market capitalization has grown from $360 billion to $3.3 trillion, almost entirely because of soaring sales of its AI data center chips. It can offer exposure to the value created by AI in a diversified manner, which can insulate investors from severe losses if some companies fail.