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New ETF Bets on the Machinery Behind AI Chipmaking

Source: etftrends.com

Artificial IntelligenceTechnology & InnovationIPOs & SPACs

REX Advisers will launch the REX AI Chipmaking ETF (CHIP) on Nasdaq on Wednesday. The fund targets manufacturers of the equipment used to produce AI chips, offering investors focused exposure to semiconductor-capital-equipment companies rather than chip designers.

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