Artificial Intelligence (AI) is shaping up to be one of the most powerful investment megatrends of the next decade.
And while there is a lot of hype around AI, it is for good reason.
AI is already driving revenue growth across multiple industries including cloud computing, software, semiconductors, healthcare, and digital advertising. And revenue is only going one way in the industry – up.
For investors who want exposure to this theme without trying to pick individual stocks, one ASX exchange-traded fund (ETF) stands out: the BetaShares Nasdaq 100 ETF (ASX: NDQ).
What is the NDQ ETF?
The BetaShares Nasdaq 100 ETF aims to track the performance of the Nasdaq-100 Index.
This index is made up of 100 of the largest non-financial companies listed on the Nasdaq Stock Exchange, many of which are at the forefront of global technology and innovation.
Top holdings in the index include tech leaders such as Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Adobe (NASDAQ: ADBE).
While these companies aren't necessarily pure-play AI stocks, they are deeply embedded in the AI ecosystem — supplying the chips, software, platforms, and cloud infrastructure that are enabling the AI revolution.
Why AI could drive the next leg of growth
The earnings story is already playing out. Nvidia recently reported a blowout result, powered by soaring demand for its AI-optimised chips.
Microsoft and Amazon are rapidly integrating AI capabilities across their cloud platforms, while Alphabet is embedding generative AI tools into its search, advertising, and productivity businesses.
And with AI forecast to evolve into a multi-trillion-dollar global industry by the early 2030s, the companies positioned to benefit most are the ones already operating at global scale. These happen to be the companies at the top of the Nasdaq-100 Index, giving this ASX ETF a structural tailwind as the AI theme matures.
Foolish takeaway
AI is far more than a trend — it is a structural shift that will likely reshape global business and productivity for decades to come.
The BetaShares Nasdaq 100 ETF provides investors with a super easy way to participate in that transformation via some of the world's most innovative and profitable companies.
For those seeking long-term growth potential, this fund is worth serious consideration as a core holding for exposure to the AI boom through a trusted, diversified vehicle.
