KB Asset Management Launches AI Cloud Infrastructure ETF
KB Asset Management has unveiled a groundbreaking Exchange Traded Fund (ETF) called 'RISE U.S. AI Cloud Infrastructure ETF' which focuses on investing in neo-cloud companies. This ETF strategically targets global companies associated with AI and cloud infrastructure, responding to the rising demand for AI data center infrastructure. Key holdings include AI-centric companies such as Naviwave and Corewave, which are poised for significant growth.
As AI service usage continues to rise, the demand for cloud infrastructure has surged, and industry predictions suggest that by 2030, 70% of the power consumption in data centers will be dedicated to AI. Designed to capitalize on this trend, the 'RISE U.S. AI Cloud Infrastructure ETF' is anticipated to play a pivotal role in the data-driven modern economy.
Based on the Akros U.S. AI Cloud Infrastructure Index, this ETF invests in high-performance cloud infrastructure optimized for learning and inference. It stands out as an attractive option for investors looking to align with the advancement of AI technologies.
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KB Asset Management Launches Korea's First NeoCloud ETF - Financial NewsOn the 25th, KB Asset Management announced the introduction of Korea's first Exchange-Traded Fund focusing on 'NeoCloud' companies. The newly listed 'RISE US AI Cloud Infrastructure ETF' strategically invests in 10 stocks related to NeoCloud and AI data center infrastructure. Existing global cloud...
KB Asset Management Launches Korea's First 'Neo Cloud' ETF - Metro NewspaperKB Asset Management introduces the nation's first Exchange Traded Fund (ETF) focusing on 'Neo Cloud' companies. KB Asset Management announced that the 'RISE US AI Cloud Infrastructure ETF' will be listed on the 25th. The newly listed ETF focuses on Neo Cloud and Artificial Intelligence (AI) ...
KB Asset Management Launches Korea's First Neo Cloud ETF - Dailyan MediaKB Asset Management has introduced Korea's first exchange-traded fund (ETF) focused on investing in Neo Cloud companies. According to KB Asset Management on the 25th, the newly listed 'RISE US AI Cloud Infrastructure' ETF strategically invests in 10 stocks related to Neo Cloud and AI data center infrastructure. Neo Cloud refers to the next-generation cloud designed specifically for AI.