According to CoinMeta, in its investor letter for the second quarter of 2026, the Seligman Global Technology Fund of Colombia pointed out that the rebound of Intel Corporation (NASDAQ: INTC) highlighted the opportunity for the fund to have not invested in some large central processing unit (CPU) companies. The fund achieved a return on institutional-level shares of 50.34% in the second quarter, surpassing the 33.65% increase of the MSCI Global Information Technology Index. Tech stocks rose due to alleviated concerns over the Iran conflict and increased demand for semiconductors, memory, networking, servers, and power solutions driven by AI infrastructure spending. The fund expects that investments in AI and data centers will remain strong, despite geopolitical uncertainties and high interest rates potentially putting pressure on valuations and free cash flow.