<ul data-eligibleForWebStory="true"><li>UBS recommends sticking with the tech trade as AI adoption is still in early stages and set to drive further monetization across industries.</li><li>The Nasdaq 100 reached a new peak, driven by top chip makers like Advanced Micro Devices, Broadcom, and Nvidia, which are leaders in artificial intelligence.</li><li>AI adoption rates are on the rise, with UBS citing a recent Census Bureau survey showing a steady increase in AI usage in the workplace.</li><li>Companies like Amazon, Microsoft, and PayPal are benefitting from AI adoption, with virtual assistants and coding assistance leading to cost savings and efficiency gains.</li></ul>

Why the tech trade has more room to run even as the Nasdaq 100 hovers at all-time highs

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