Tech Explained: Tech Up on AI Boom Bets -- Tech Roundup  in Simple Terms

Tech Explained: Here’s a simplified explanation of the latest technology update around Tech Explained: Tech Up on AI Boom Bets — Tech Roundup in Simple Termsand what it means for users..

Shares of technology companies ticked up as traders bet an artificial-intelligence boom would continue.

The Roundhill Magnificent Seven exchange-traded fund, which tracks the seven companies driving the AI boom, is up about 26% for the year to date, significantly outperforming the broad S&P 500.

China’s fast-growing artificial intelligence sector may be readying for major purchases of U.S. chips after the U.S. cleared export of high-performance Nvidia semiconductors.

The Italian Competition Authority ordered WhatsApp owner Meta Platforms to suspend a policy that excludes rival AI chatbots from the messaging platform.

Concerns about information-technology services provider ServiceNow’s ambitions with a $7.75 billion purchase of cybersecurity Armis may be unfounded, given the opportunities that the acquisition opens up, according to analysts at brokerage Mizuho.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

12-24-25 1422ET