NVIDIA Stock Could Push This Leveraged AI ETF Even Higher
August 17, 2023 at 15:45 PM EDT
Graphics processing unit (GPU) company NVIDIA (NVDA) is the top constituent in the index underpinning the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF (UBOT). Thanks to NVIDIA stock, the ETF is now up over 50% YTD — and it could keep climbing, as investor interest in AI continues to heat up. AI [...] The post NVIDIA Stock Could Push This Leveraged AI ETF Even Higher appeared first on ETF Trends .
