Global X AIQ Draws Interest With $10 Billion Fund as Cerebras Trades at 611x Earnings
Updated
Updated · The Motley Fool · May 27
Global X AIQ Draws Interest With $10 Billion Fund as Cerebras Trades at 611x Earnings
4 articles · Updated · The Motley Fool · May 27
$10 billion Global X Artificial Intelligence & Technology ETF is being pitched as a lower-risk way to gain AI exposure instead of buying newly public Cerebras shares directly.
Cerebras has stayed volatile after its IPO—priced at $185, surging to $386.34 intraday, then closing at $256.78 on May 22—while still trading at 611.4 times trailing earnings.
AIQ charges a 0.68% expense ratio and spreads exposure across major AI names including Nvidia, Broadcom and Micron rather than concentrating on a single hardware bet.
Semiconductors make up about 32% of the fund, with software at 28% and hardware at 16%, giving investors broader coverage of an AI market projected to grow from $390.9 billion in 2025 to $3.5 trillion by 2033.
Is Cerebras the next AI titan or a high-stakes gamble with a valuation defying all logic?
Can Cerebras's massive 'brain-on-a-chip' truly outsmart the AI empire built by Nvidia?