CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (AMPD)

Is energy the gateway into the AI trade?

With the AI boom propelling markets, investors might seek alternative avenues to capitalize on this emerging trend. CNIC Funds CEO Tim Kramer joins Wealth! to explore why the energy sector could present an enticing entry point into the AI trade. Kramer emphasizes that electricity "is the most consumed commodity in the US." He draws a parallel between the AI trade and the gold rush, suggesting that while gold was initially the hot commodity, attention soon shifted toward the companies or individuals that supplied the gold rush and trade—a similar pattern he anticipates with AI and electricity. "Given that backdrop on how much more electricity this is going to take, we think that we're in a very interesting position to give people an opportunity to get exposure to that piece of the sector, which is the increase in electricity consumption," Kramer tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith