Daily Market Updates: Hedge funds revive AI momentum trade in optical stocks

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Hedge funds revive AI momentum trade in optical stocks

Reported · Written up by our desk · Fund Industry

Optical component stocks are drawing renewed investor interest as hedge funds revive an AI-focused momentum trade, according to a report cited by Hedgeweek.

The renewed bid is tied to investors regaining confidence in the scale of artificial intelligence spending by the world’s biggest technology companies.

Hedgeweek, citing Bloomberg, said the optical sector is once again being treated as a favored momentum exposure as that AI investment narrative strengthens.

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HedgeweekOptical stocks surge again as hedge funds revive AI momentum trade

ETFs & Funds

Hedge funds revive AI momentum trade in optical stocks

More like this

Sources

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