( -1.18%): A semiconductor giant best known for its prowess in areas like networking and custom chips, Broadcom is seen as a winner in AI. The company has also grown by acquisitions over the years, taking over VMware in November 2023.Vertiv ( -0.16%): A maker of infrastructure technologies for data centers, communication networks, and industrial applications. Its systems help manage power supply, cooling, and monitoring.Nvidia: This chipmaker creates the must-have data center (GPUs) for the AI era and has built a complex ecosystem, including the CUDA software library, that has created barriers to entry and switching costs.Arista Networks ( -3.86%): Arista is best known for high-end ethernet switches, and it focuses on the market. Its business has soared during the AI boom as companies are rapidly establishing data centers. ( 2.19%): The chipmaker is best known for making chips for PCs and gaming platforms, but investors have hoped it would break into AI with its MI300 accelerator. However, the company has struggled to gain market share.As you can see from the chart below, the ETF has underperformed the S&P 500 since its founding. The ETF fell in 2022 when tech stocks crashed., The ETF held 50 stocks in mid-2025. Accounting for about 42% of the fund's assets, its top five holdings were:. Nvidia (NVDA 0.87%): Semiconductor maker whose chips are used in a wide variety of , The newest generation of artificial-intelligence-themed ETFs goes beyond just exposure to the Magnificent Seven stocks. Best AI ETFs to Buy for 2025. names like Microsoft or Amazon in this .