The asset manager said the exchange-traded fund (ETF) will focus on a select group of semiconductor companies spanning chip design, manufacturing, equipment and materials.

Amplify ETFs has launched the Amplify Top 10 Semiconductors ETF (CPU), an actively managed exchange-traded fund focused on a concentrated group of semiconductor companies. The fund is sub-advised by Samsung Asset Management. CPU targets around 10 companies operating in areas such as chip design  The fund extends Amplify ETFs’ Top 10 ETF range into the semiconductor sector and is intended to provide exposure to companies involved across the semiconductor value chain. CPU targets a