The YouTuber is moving money into VGT because it offers diversification between the NASDAQ 100 and S&P 500, focuses on information technology (hardware, semiconductors, software) while avoiding non-AI related companies and unprofitable IPOs, and has lower fees than SPY and QQQ. It allows him to invest in the AI theme effectively.
“That's why I've been moving my money into a fund that lets me have my cake and eat it, too. Vanguard's information technology ETF, ticker symbol VGT.”