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Bank of America: "All roads lead to Nvidia" trading sparked a record inflow of funds into technology stocks. A strategist at Bank of America said that the ongoing artificial intelligence boom has propelled Nvidia to the throne of the world's largest company by market value this week, and this boom has also driven record inflows of funds into technology stocks. The bank stated in a report citing EPFR Global data that as of the week ending June 19, approximately $8.7 billion in funds had flowed into technology funds. Michael Hartnett, a strategist at the bank, stated that the trading theme of "All roads lead to NVIDIA" has once again been strengthened, as fluctuations in French politics have led to the predicament of European stocks.
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