5 Best AI ETFs to Invest In 2023

In this article, we will take a look at the 5 best AI ETFs to invest in 2023. To see more such ETFs, go directly to 11 Best AI ETFs to Invest In 2023.

5. iShares Exponential Technologies ETF (NASDAQ:XT)

iShares Exponential Technologies ETF (NASDAQ:XT) is focused on companies that “displace” old companies and technologies and create new industries and markets. This ETF is one of the best artificial intelligence ETFs to invest in 2023 since it gives investors huge exposure to emerging companies. Some notable holdings of iShares Exponential Technologies ETF (NASDAQ:XT) include NVIDIA Corporation (NASDAQ:NVDA), Meta Platforms, Inc. (NASDAQ:META), and Advanced Micro Devices, Inc. (NASDAQ:AMD).

Advanced Micro Devices, Inc. (NASDAQ:AMD) is not getting much love from the Street since all the limelight is currently taken away by its rival Nvidia. But Advanced Micro Devices, Inc. (NASDAQ:AMD) could become a key player in the AI sector as it has a strong ability to catch-up. Advanced Micro Devices, Inc. (NASDAQ:AMD) earlier this year revealed some Accelerated Processing Units that are used to power supercomputers.  It’s also reported that Advanced Micro Devices, Inc. (NASDAQ:AMD)’s MI200 was used to train Microsoft Corporation (NASDAQ:MSFT)’s Azure for large-scale training data.