CONNECT WITH US
Fintech

Fintech

EMXETF Launches Emerging Markets AI Mag 3 ETF, Targeting Three Companies Powering the AI Buildout

Global Fintech Series logo

Published on

Add as a preferred source on Google
EMXETF Launches Emerging Markets AI Mag 3 ETF, Targeting Three Companies Powering the AI Buildout

EMXETF, an ETF brand focused on providing targeted access to artificial intelligence opportunities across Emerging Markets, announced the launch of the Emerging Markets AI Mag 3 ETF, an actively managed ETF designed to provide focused exposure to three companies that EMXETF believes sit at the foundation of the global AI infrastructure buildout: Taiwan Semiconductor Manufacturing Company (TSMC), Samsung Electronics and SK Hynix.

While much of the artificial intelligence investment story has centered on U.S. technology companies developing AI models, applications and platforms, EMAG focuses on the critical physical infrastructure beneath them. Every AI model, chatbot, data center and AI application ultimately depends on advanced semiconductors and high-performance memory — areas where these three Emerging Markets companies hold significant positions in the global supply chain.

“Investors have become very familiar with the Magnificent Seven* in the United States, but there is another group of companies playing an increasingly critical role in the AI transformation,” said Kevin T. Carter, Founder and CIO of EMXETF and EMQQ Global. “TSMC, Samsung and SK Hynix are supplying some of the essential building blocks that make modern AI possible. EMAG is designed to give investors a focused way to participate in this side of the AI opportunity.”

Read More on Fintech : Global FinTech Interview: AI and the future of fintech with Hugh Cumming, CTO, Vena

The EMAG ETF is built around the thesis that the next phase of AI growth will require enormous amounts of computing power, advanced semiconductors and high-performance memory.

Together, TSMC, Samsung and SK Hynix occupy critical positions in those supply chains.


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.