LONDON : Technology equity funds saw their biggest weekly inflows on record in the week to Wednesday, driven by a surge in investor interest in artificial intelligence, according to BofA Global Research released on Friday.Tech stocks saw $8.5 billion of inflows in the week to Wednesday, the most on record
LONDON : Technology equity funds saw their biggest weekly inflows on record in the week to Wednesday, driven by a surge in investor interest in artificial intelligence, according to BofA Global Research released on Friday.
Tech stocks saw $8.5 billion of inflows in the week to Wednesday, the most on record, BoFa said, citing EPFR data. Part of that swell was thanks to a 30 per cent rise in shares of chipmaker Nvidia in just three sessions that pushed its market valuation above $1 trillion.
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