Last year, demand fueled a 67% surge in the iShares Semiconductor ETF SOXX, led by Nvidia and buoyed by other companies with AI chips such as Advanced Micro Devices Inc. (AMD) and Broadcom Inc. (AVGO) ...
Nvidia stock is already up 180% this year and more than 31,000% over the last decade as the company became the face of the artificial intelligence revolution.
While this is not an entirely fair comparison, since the typical endowment is not 100% invested in stocks, it isn't so unfair either. The average endowment also seriously lagged the perhaps more ...