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London-based research company DeepMind, which was acquired by Alphabet parent Google (GOOGL - Free Report) in 2014, has developed an AI system that can predict the 3D shape of all known proteins with almost perfect accuracy. This is a huge development for life sciences and medicine.    

Exponential advancements in AI have changed the nature of computing, making Moore’s law irrelevant. Per WSJ, Huang’s law named for Nvidia’s (NVDA - Free Report) CEO, is in full effect now. We talk about Nvidia and the rise of GPU computing.

Advanced Micro Devices (AMD - Free Report) is surging to all-time highs after reporting as the chipmaker continues to take market share from Intel. Cadence Design Systems (CDNS - Free Report) produces software that designs and builds semiconductors.

The Invesco QQQ (QQQ - Free Report) and NASDAQ 100 ETF (QQQM - Free Report), QQQ’s cheaper version, are the best ETFs to get exposure to many highly innovative companies working on advanced technologies.

The iShares Robotics And Artificial Intelligence Multisector ETF (IRBO - Free Report), ARK Autonomous Technology & Robotics ETF (ARKQ - Free Report) ), ROBO Global Artificial Intelligence ETF (THNQ - Free Report), Global X Artificial Intelligence & Technology ETF (AIQ - Free Report) are also worth a look.