The YieldMax AI Option Income Strategy ETF (AIYY) experienced a notable uptick, driven by the ongoing enthusiasm surrounding artificial intelligence (AI) investments. Recent developments highlight Microsoft's substantial $80 billion commitment to AI-focused data centers, which has bolstered the broader AI sector. This investment underscores the growing demand for AI infrastructure, benefiting key players like Nvidia and AMD, whose shares rose significantly. Additionally, the AI theme continues to captivate investors, with major firms like Goldman Sachs emphasizing AI's pivotal role in sustaining stock indices through 2025. The focus is shifting towards AI platforms and applications, further fueling market optimism.
The AIYY ETF closed at $9.03, marking a 5% increase from the previous close, with an additional 0.74% rise after market hours as of 5:30 PM ET on Friday, January 3rd.