By Alex Gluyas
Publication Date: 2026-05-12 06:30:00
Australian investors are rushing into American tech giants as they seek exposure to an artificial intelligence business that has catapulted Wall Street to record highs despite warnings from major fund managers that the market was in overdrive and primed for a slump.
More than $1.5 billion has been invested in ASX-listed funds tracking indices in the United States this year, with $230 million in May alone. This means that this month is on track to break the record for inflows.
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