REX Will Launch AI Chipmaking ETF on Nasdaq
The fund will focus on equipment manufacturers, tracking an index that grew 126.6% over the trailing year.
Updated on Sept. 22, 2026 in Semiconductors
Live Poll
Is now a good time for you to invest in AI infrastructure equipment companies?
On September 23, 2026, REX Advisers will launch the REX AI Chipmaking ETF, trading under the ticker symbol CHIP, to target companies specializing in silicon manufacturing infrastructure. The fund holds 55 companies that must derive over 50% of their revenue from chip production segments.
Why it matters
The fund reflects a broader capital shift toward the specialized machinery required to manufacture semiconductors, rather than just chip designers. It seeks to capture growth in the physical fabrication supply chain, which has seen index growth of 63.7% year-to-date.
The fund maintains a 0.65% expense ratio and aggregates 55 companies, with 52.5% of its portfolio concentrated in the top 10 holdings. Wafer fabrication equipment accounts for 50% of the index weighting, followed by advanced packaging and metrology at 25% each.
The players
REX Advisers
An investment firm that manages specialized exchange-traded funds focusing on technology and semiconductor supply chains.
Advantest Corp
A manufacturer of semiconductor test equipment that represents the largest single holding in the fund at 7.8%.
The details
The fund tracks the VettaFi AI Chipmaking Index, which rebalances its portfolio on a quarterly basis. Its holdings are geographically weighted, with the United States comprising 35.3% and Japan 30.5% of the total index. Companies qualify for the fund only if they derive more than 50% of their revenue from segments directly related to chip production.
Timeline
August 21, 2026: The VettaFi AI Chipmaking Index was launched.
August 31, 2026: Country weighting data for the index was recorded.
September 23, 2026: The REX AI Chipmaking ETF will launch on Nasdaq.
The Tech Race
The REX AI Chipmaking ETF follows the performance trajectory established by the VettaFi AI Chipmaking Index. This launch underscores the competitive focus on downstream fabrication machinery as a critical bottleneck for global AI hardware production.
Investors can track the fund under the ticker symbol CHIP once it debuts on Nasdaq. The fund requires no specific hardware or professional status, though its performance will be sensitive to the quarterly rebalancing cycles of its underlying index.
The takeaway
The fund highlights the rising valuation of the machines that build AI processors, placing the spotlight on the fabrication supply chain. Investors should watch for the fund's first quarterly rebalancing period to see how it adjusts its exposure to the top 10 holdings.
Further reading
For more on the industry trends driving fabrication investment, see the latest analysis in Semiconductors.
Live Poll
Is now a good time for you to invest in AI infrastructure equipment companies?
