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2024 proved a strong year for artificial intelligence investors, as AI enthusiasm remained robust. While much of the current hype centers around generative AI, it's not the only AI opportunity on the horizon.
The year 2024 was a strong one for stocks involved in artificial intelligence (AI), and winners could be found in a variety of areas. For example, Nvidia and Broadcom helped lead the AI chip and infrastructure space higher, while Palantir Technologies was a huge winner in the AI software sector.
KraneShares proved a valuable resource for advisors and investors in a busy year for markets. Top stories this year included insight into domestic China investor sentiment, artificial intelligence wins, and an alternative take on China tech investing.
Artificial intelligence optimism drove strong gains for a number of companies in the current earnings season. Funds like the KraneShares Artificial Intelligence & Technology ETF (AGIX) capture the opportunities across the AI value chain and benefit from strong investor enthusiasm.
Thematic ETFs have had a tough slog – now headed for a third-straight year of losses. Roughly 90 thematic ETFs debuted back in 2021, compared to fewer than 20 this year.
Artificial intelligence remains in high demand, at least according to third-quarter earnings results. Palantir Technologies revealed a record quarter income on “unwavering demand” for AI, while also lifting revenue forecasts, reported Financial Times.
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