Advanced Micro Devices ( AMD ) reported a robust close to FY25 with upbeat top-line growth paired with substantial margin improvements. With an ambitious roadmap to release the MI400 Series GPUs in 2H26 and the MI500 Series GPUs in FY27, AMD may beMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a decade in professional ...

Core Insights - The iShares Future AI and Tech ETF provides a diversified investment option in the AI sector, which has been a significant driver of the S&P 500's performance in recent years [1][2][3] - The ETF has outperformed the S&P 500 since its restructuring, with a 42% gain compared to the S&P 500's 23% return [7] Investment Strategy - Investing in an ETF can mitigate risks associated with individual AI stocks, as demonstrated by the contrasting performances of Palantir Technologies (+124%) and Upstart Holdings (-26%) [2] - The ETF includes 48 AI stocks, providing exposure to various segments of the AI value chain, including software, services, and infrastructure [3][4] Notable Holdings - Key software companies in the ETF include Palantir, Microsoft, and Snowflake, which offer AI-powered platforms and tools [5] - The ETF also features significant holdings in semiconductor companies like Broadcom and Micron Technology, as well as major tech firms such as Amazon and Meta Platforms [6] Performance Metrics - The iShares Future AI and Tech ETF was restructured in August 2024 to focus specifically on AI, leading to a strong performance since then [6][7] - The ETF's expense ratio is 0.47%, which is higher than many index funds but justified by its active management and strong returns [8][10] Future Developments - Nvidia and Advanced Micro Devices are key players in the AI hardware space, with Nvidia's latest GPUs designed for AI workloads and AMD's upcoming Helios data center rack expected to enhance competition [9]