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So Nvidia just dropped earnings last week and honestly, the numbers were exactly what everyone expected - crushing it again. Revenue surging, demand for their AI chips staying strong, the whole story we've been watching play out quarter after quarter. This matters way beyond just Nvidia though.
Here's the thing: when the world's leading AI chip designer keeps printing record numbers, it tells you something about the entire ecosystem. Their partners win too. TSMC makes their chips, Amazon buys them in massive quantities for cloud services, and even competing chipmakers benefit because demand is so high that customers are diversifying their chip portfolios.
If you're looking to play this AI momentum but want broader exposure instead of betting everything on Nvidia alone, there's a solid option worth considering. The Dan Ives Wedbush AI Revolution ETF (ticker: IVES) is built exactly for this - it's one of the best ETF plays for capturing the full AI spending cycle, not just the chip designer piece.
What makes this best-in-class for AI exposure? The fund holds Nvidia as its fifth-largest position, but the real genius is how it's structured around the entire value chain. Your top holdings include the companies actually making Nvidia's chips and the massive customers buying them. You get TSMC, Amazon, and a whole portfolio of AI-related plays spanning everything from data center infrastructure to cybersecurity.
Wedbush's take is pretty straightforward: Nvidia remains the anchor for compute. Their latest earnings back that up - record revenue, record profit, and that mid-70% gross margin holding strong. Plus there's always something new on the horizon. Rubin chips launching later this year, continuous innovation keeping the catalyst machine running.
The beauty of going the ETF route here is you're not just betting on one company. You're diversified across multiple winners in the AI ecosystem. When Nvidia rises, TSMC and Amazon benefit. When demand shifts or one player struggles, others in the fund can offset that. That's why building a position through a best-of-breed ETF like this makes sense for most investors right now. You get the Nvidia upside plus exposure to the entire supporting cast.