Quick Read – ARTY doubled in 12 months by betting entirely on AI suppliers, but that same purity strips out any hedge if hyperscaler capex softens. – NVDA targets 75% gross margin and AVGO runs at 68% EBITDA.
If both see simultaneous compression in the same quarter, it signals that AI pricing power is cracking. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and iShares Future AI & Tech ETF didn’t make the cut
Grab the names FREE today. The ARTY ETF has nearly doubled in the past year, with shares up 102% over the trailing twelve months and 55% year to date through late May. That run reflects a portfolio built almost entirely around the AI infrastructure stack: GPUs, custom silicon, high-bandwidth memory, optics, cloud capacity, and datacenter power.
ARTY closed last week near $75 with roughly $2.1 billion in net assets, and the question for holders now is where AI capex bends first. What ARTY Actually Owns ARTY holds 71 positions with the top names weighted between roughly 2.7% and 5%. Four of the article’s named tickers anchor the portfolio: Marvell Technology (NASDAQ:MRVL) at 5%, Advanced Micro Devices (NASDAQ:AMD) at 4.7%, NVIDIA (NASDAQ:NVDA) at 4.7%, and Oracle (NYSE:ORCL) at 4.6%, with Broadcom at 4.3% and Micron at 4.1% rounding out the core.