Global X Management Company LLC ("Global X"), the New York-based provider of exchange traded funds (ETFs), announced the launch of the Global X AI Semiconductor & Quantum ETF (CHPX), designed to capture innovation in the semiconductor industry. The fund is passively managed and priced at 50 bps.
The semiconductor industry is evolving to cater to demands of next-gen computing, including AI and quantum technologies. CHPX focuses on four key segments that are essential to powering the future of computing:
"AI is driving a once-in-a-generation transformation of the semiconductor industry," said Pedro Palandrani, Head of Product Research & Development at Global X. Palandrani continued "while semiconductors have been the backbone of modern technology for decades, there's been a demand shift towards GPUs, advanced storage and networking – the hardware infrastructure needed to further AI's growth."
Unlike traditional semiconductor ETFs that concentrate on U.S. names, CHPX takes a broader, global view of the companies poised to meet the future needs of AI hardware, potentially giving investors wider-ranging exposure within the space.
"In our view, no other existing semiconductor ETF captures the thematic 2.0 of the industry as it moves towards AI and hyperscale computing," said Palandrani. Continuing, "We believe that CHPX is a smart complement to our existing technology ETFs, AIQ and BOTZ, and allows investors the opportunity to participate in what may be a significant advancement in computing."
Fund Details
|
Fund Name and Ticker |
Expense Ratio |
CUSIP / ISIN |
|
Global X AI Semiconductor & Quantum ETF (CHPX)
|
0.50 % |
37960A230 / US37960A2309 |
CHPX is the newest addition to Global X's product suite, designed to capture the momentum of the AI ecosystem. Alongside ETFs like AIQ, BOTZ, DTCR, and ZAP this suite now represents over $6.0 bn in assets under management.[i]
Global X AI Ecosystem Funds:
|
Fund Name and Ticker |
Inception Date |
Net Assets |
|
Artificial Intelligence & Technology ETF (AIQ)
|
5/11/2018 |
$3.7 bn |
|
Robotics & Artificial Intelligence ETF (BOTZ)
|
9/12/2016 |
$2.7 bn |
|
Data Center & Digital Infrastructure ETF (DTCR)
|
10/27/2020 |
$289.4 mn |
|
U.S. Electrification ETF (ZAP)
|
12/17/2024 |
$71.3 mn |
[i] Source: Global X ETFs, as of June 30, 2025