The Math That Should Terrify Index Investors: AI Chips Account for Nearly All S&P 500 Gains

Here is the data point that should make every passive index investor pause.

On Retire SMART Podcast Ep 416, the host laid out the math: “If we removed the Nvidias, the AMDs, so AI chips, these are the chipmaking companies, the storage companies, and the companies that are facilitating AI that are publicly traded. And ...