Nvidia's surge ripples across stock market — lifting AI, tech and semiconductor ETFs

Several exchange-traded funds that buy stocks with exposure to artificial intelligence surged Thursday after closely watched AI beneficiary Nvidia Corp. beat earnings expectations.The Global X Robotics & Artificial Intelligence ETF , which has around $3 billion of assets under management, closed 4.4% higher, according to FactSet data. Megacap semiconductor company Nvidia NVDA was the ETF’s biggest holding on Wednesday at around 18.9% of its net assets, holdings data on Global X’s website show. “We think the ...