The exchange-traded fund (ETF) targets artificial intelligence (AI) infrastructure and platform providers whose revenues are growing faster than expenses while maintaining positive gross margins.
Defiance ETFs has launched the Defiance AI Hyperscale Leaders ETF (NASDAQ: AIHY), a fund designed to target companies building and operating the core infrastructure powering artificial intelligence. The ETF invests across the AI value chain The ETF invests across the AI value chain, including cloud platforms, data centres, AI compute infrastructure, semiconductors, model deployment systems and AI-focused software providers. Defiance ETFs said that AIHY aims to identify companies that are no