November 22, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

AI Frenzy Shifts

Please click here for a chart comparing semiconductor ETF (SMH) and software ETF (IGV). 

Note the following:

• The Arora Report previously shared with you that the next stage of AI would benefit software stocks.  This is beginning to happen now.  
• The chart shows software ETF IGV has moved up since the presidential election.  
• The chart shows that IGV has outperformed semiconductor ETF SMH by about 10% since the election.  
• The Arora Report algorithms show money is flowing out of semiconductors and into software.