Rex Shares has launched a thematic exchange-traded fund (ETF) focused on companies that supply the equipment used in semiconductor manufacturing, targeting the infrastructure behind the growing demand for artificial intelligence (AI) chips.

Rex Shares has launched the Rex AI Chipmaking ETF (CHIP), a thematic fund designed to provide exposure to companies involved in semiconductor manufacturing equipment and technology. The ETF will trade on Nasdaq under the ticker CHIP  The ETF focuses on businesses supplying wafer fabrication equipment, advanced packaging and metrology tools used in chip production, rather than chip designers or semiconductor manufacturers themselves. The fund aims to capture companies that support the b