Retail investors are increasingly diversifying their investments in the artificial intelligence sector, moving beyond major chip manufacturers like Nvidia Corp. (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). According to Webull Corp. (NASDAQ: BULL) CEO Anthony Denier, data shows that 9% of Webull users now hold at least one semiconductor or AI-related stock, a significant increase from 3% two years ago. This shift indicates growing confidence that AI represents a long-term investment opportunity rather than a fleeting market trend.

Denier noted that retail investors are expanding their focus to include various components of the AI infrastructure, such as semiconductor equipment, memory and storage, data centers, and networking. This marks a departure from previous retail-led rallies that often centered on a narrow group of popular stocks. Investors are now employing a more research-driven approach, targeting specific areas of the AI supply chain rather than simply chasing momentum.

Despite market fluctuations, retail investors have shown resilience, often buying on dips to increase their exposure. Denier emphasizes that this trend reflects a more sophisticated understanding of the AI landscape, as investors spread their investments across multiple categories related to AI demand.