The surge of interest in artificial intelligence (AI) played a significant role in the US equity market’s strong performance last year. The so-called Magnificent 7 stocks—Nvidia, Meta, Amazon, Microsoft, Alphabet, Apple, and Tesla—each posted impressive gains of at least 49% in 2023, riding the wave of enthusiasm for AI's potential to revolutionise both our work and daily lives.  Yet, we have moved into this year with an observation of diverging paths of these tech giants, with chatters now revolving around underperformer Tesla’s fall from grace. While the faith in technology’s potential remains strong for many, investors are left thinking how to navigate the unpredictable twists and turns of this rapidly evolving market. If you are interested in capturing just AI growth alone, or broader technology themes, the rule of thumb is to implement through rigorously screened best-in-class funds from global leading asset managers.  However, the technology sector itself is...