ROBO Global Artificial Intelligence ETF

THNQ

Valor de mercado US$ 461 mi

Markets today are defined by AI. From yields to the movements of the S&P 500 — the story is, like it or not, a story of data centers, chips, and models.

The ROBO Global Artificial Intelligence ETF (THNQ) recorded new milestones this month, crossing $100 per share and topping $500 million in assets under management for the first time. The ETF's impressive run highlights the impact of disciplined index methodology in capturing AI exposure.

The ROBO Global Artificial Intelligence ETF provides diversified exposure across the AI value chain, including semiconductors, infrastructure, cybersecurity, and software. THNQ is positioned to benefit from surging global AI infrastructure spending, with AI-related semiconductor revenues and infrastructure spending projected to grow sharply through 2026 and beyond. The ETF's holdings include second-order AI beneficiaries, offering access to small and mid-cap infrastructure and application stocks underrepresented in major indexes.

While AI investing initially centered on hyperscalers and chips, the opportunity has been broadening as infrastructure grows. Opportunities are moving further down and across the supply chain — into memory, data center power, components, and robotics.

I attended Marvell Investor Day in New York on October 6, 2026. Marvell Technology (MRVL), a designer of data infrastructure chips, set a long-term target of $70 billion to $90 billion of revenue for fiscal 2031, which roughly matches calendar 2030.

The acceleration of the ETF ecosystem in the last decade has seen countless new funds embrace the wrapper's tax efficiency and flexibility. That has seen more ETFs take on the core equity and fixed income categories to great success.

AI spending is expected to hit $2.7 trillion in 2026 as adoption accelerates. Explore four AI ETFs with year-to-date gains of up to 58.3%.

AI spending is expected to hit $2.7 trillion in 2026 as adoption accelerates. Explore four AI ETFs with year-to-date gains of up to 58.3%.

This week, I appeared on Schwab TV for the New York Stock Exchange. Here's a brief recap.

Artificial intelligence (AI) is dismantling the competitive advantages that entire market segments have relied on for decades. Understanding where competitive moats are disappearing versus where they are being reinforced due to AI may be one of the most important questions that investors can ask right now.