VanEck launched the VanEck Data Center Supply Chain ETF (CBOE:RACK), aiming to provide pure-play exposure to companies supporting global AI infrastructure buildout.
RACK tracks the MarketVector Data Center Supply Chain Index (MVRACK), focused on US-listed firms generating at least 50% of revenue from AI-related data center activities.
The strategy targets segments such as semiconductor design, cooling technology, nuclear energy production and electrical equipment, amid rapidly rising AI-driven data center investment and emerging infrastructure constraints in chips, power and cooling.
The VanEck Uranium and Nuclear ETF (NLR) has achieved a 17.29% return through Q3 2024, leading the nuclear energy ETF space. NLR provides investors exposure to the full nuclear energy ecosystem, capitalizing on the industry's resurgence driven by increasing global power demands and the push for clean energy solutions.
The nuclear energy revival is fueled by three key factors: rapidly growing electricity demand from AI, EVs, and cryptocurrency; the need for reliable, clean energy to reduce emissions; and renewed regulatory support from governments. NLR's diverse portfolio includes utilities, uranium miners, and companies developing advanced reactor technology, offering investors access to the entire nuclear value chain.
Recent deals, such as Microsoft's agreement with Constellation Energy and Google's partnership with Kairos Power, highlight nuclear energy's critical role in powering future technology. VanEck is hosting a webinar on October 17 to explore nuclear energy investment opportunities and NLR's pure-play exposure across the industry.