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Joe Amato says AI drives 30 to 40 percent of the market

Direct winners from artificial intelligence now make up 30 to 40 percent of the entire stock market. That is the warning from Joe Amato, the president and chief investment officer at investment firm Neuberger. Most regular investors are sitting on a massive stack of tech chips without even realizing it.

Amato states that investor exposure to artificial intelligence is now quite significant because so many companies benefit financially from AI growth. He advises that "investors should think about diversifying their exposures beyond AI". Spreading your money across different sectors keeps your savings from leaning entirely on one big tech basket. Putting all your eggs in one high-tech basket can get noisy fast.

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