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Intelligent Alpha
AI Hardware Average

AIHI

Index Performance

+3.27%
AIHI
+7.66%
TMLARGE

Overview

Description

The AIHI tracks 25 AI hardware companies listed on US exchanges with a market cap over $2 billion. The company’s core product offering must also involve at least one of the following: - AI chip design or fabrication - Memory production - Networking hardware - Vision or sensing hardware - Other AI-related hardware or hardware services such as equipment, server production, or chip testing The AIAI is equal weighted across the selection set and rebalanced with input from AI quarterly. Changes to the selection set can be made at any time if/when constituents no longer meet the above criteria.

  • TickerAIHI
  • Inception Date07/07/2023
  • WeightingEqual
  • # of holdings25
What's inside?

Holdings

All holdings as of July 26, 2024
CSV download
Tesla, Inc. (TSLA)5.23%$703.62B2.30%17.95%7.04
Rambus, Inc. (RMBS)4.71%$6.12B3.61%73.21%13.84
Ciena Corp. (CIEN)4.50%$7.16B-19.58%39.25%1.71
GLOBALFOUNDRIES, Inc. (GFS)4.41%$28.30B-15.86%25.37%4.07
Intel Corp. (INTC)4.39%$132.39B8.61%41.00%4.04
Amkor Technology, Inc. (AMKR)4.34%$9.40B-7.21%14.77%1.21
Ambarella, Inc. (AMBA)4.17%$2.16B-12.34%58.67%7.66
Arista Networks, Inc. (ANET)4.12%$98.43B16.28%63.73%14.36
Lattice Semiconductor Corp. (LSCC)4.09%$7.45B-23.60%61.84%15.52
NXP Semiconductors NV (NXPI)4.09%$63.05B-5.21%56.28%5.86
Taiwan Semiconductor Manufacturing Co., Ltd. (TSM)4.06%$773.88B33.01%53.17%11.36
Broadcom Inc. (AVGO)3.99%$694.79B42.99%56.07%15.90
Marvell Technology, Inc. (MRVL)3.98%$55.39B-12.17%45.46%11.80
NVIDIA Corp. (NVDA)3.89%$2.76T262.12%78.35%27.12
Applied Materials, Inc. (AMAT)3.82%$167.52B0.32%47.39%6.37
Onto Innovation, Inc. (ONTO)3.80%$9.32B14.90%46.30%9.78
Advanced Micro Devices, Inc. (AMD)3.78%$223.57B2.24%39.61%12.84
ASML Holding NV (ASML)3.76%$341.36B-9.55%51.45%14.90
Lam Research Corp. (LRCX)3.71%$115.59B-1.96%47.86%8.92
Vertiv Holdings Co. (VRT)3.70%$28.63B12.61%35.61%4.97
QUALCOMM, Inc. (QCOM)3.69%$195.74B1.23%56.27%5.32
BE Semiconductor Industries NV (BESI)3.54%$10.58B-6.97%65.00%21.94
Mobileye Global, Inc. (MBLY)3.43%$2.00B-47.82%22.59%13.27
Micron Technology, Inc. (MU)3.41%$119.15B81.53%26.90%6.90
Dell Technologies, Inc. (DELL)3.41%$34.84B5.79%21.18%1.24
Market data by FactSet