Investing in the future just got easier! Global X ETFs Europe has launched its AI Semiconductor & Quantum UCITS ETF (CHPX), offering European investors a targeted way to tap into the explosive growth of artificial intelligence and quantum computing. CHPX is now listed on the London Stock Exchange and Deutsche Börse Xetra, with Borsa Italiana and SIX Swiss Exchange listings coming soon.
This new ETF could be a game-changer for investors looking for specialized exposure to these cutting-edge technologies. But what exactly does CHPX offer?
## Riding the AI and Quantum Wave
CHPX isn’t just about one specific area. It provides exposure across four key sub-themes: AI Semiconductors, Computer Systems Enablers, Data Centre Infrastructure and Equipment, and Quantum Computing technologies. This diverse approach aims to capture the full value chain of AI and quantum computing development.
Global X highlights that the demand for computing power is skyrocketing as AI models become more complex. Since 2012, the computing power needed to train leading AI models has increased over 1,000-fold! With AI-specific semiconductor shipments projected to reach 180 million by 2030 and quantum computing potentially generating $1 trillion in economic value by 2035, the growth potential is undeniable.
## A Complement to Existing AI ETFs
According to Andrew Ye, Thematic Investment Strategist at Global X ETFs Europe, the semiconductor industry is undergoing a significant transformation driven by AI. Investors are increasingly seeking ways to access this growth without picking individual stocks.
Global X is building a suite of AI-focused ETFs. George Taylor, Chief Operating Officer and Co-Head of Global X ETFs Europe, notes that CHPX joins other AI ETFs such as BOTZ (Robotics & Artificial Intelligence), AIQU (Artificial Intelligence), and VPN (Data Center REITs & Digital Infrastructure). This gives European investors multiple options to benefit from innovation across the AI value chain.
## Key Details for Investors
CHPX will track the Mirae Asset AI Semiconductor & Quantum Index and has a total expense ratio of 0.35%. This ETF provides a compelling opportunity for investors to participate in the rapidly evolving landscape of AI and quantum computing.
