The ETFs Powering The AI Supply Chain

VanEck5.19K FollowersFollow5ShareSavePlay(12min)CommentsSummaryArtificial intelligence doesn’t run on software alone. It depends on semiconductors, energy, and critical materials.Training a frontier model like GPT-4 reportedly consumed around 50 gigawatt-hours of energy, which is enough to power San Francisco for three days.China produces the majority of the world’s rare earths and controls nearly all of the processing capacity.Western governments are investing in domestic mining and processing alternatives, but reshoring these supply chains is a multi-year project. Nikada/iStock via Getty Images Artificial intelligence doesn’t run on software alone. It depends on semiconductors, energy, and critical materials. Explore the ETFs providing exposure to the AI buildout.

What Actually Powers AI? It’s easy to think of AI asThis article was written byVanEck5.19K FollowersFollowVanEck is a global asset management firm offering ETFs, mutual funds, private funds, model portfolios, institutional strategies, separately managed accounts, as well as UCITS funds. Since our founding in 1955, putting our clients’ interests first, in all market environments, has been at the heart of the firm’s mission. VanEck has a long history of looking beyond financial markets to spot trends that create meaningful investment opportunities. We were one of the first U.S. asset managers to give investors access to international markets, which set the tone for identifying asset classes and themes such as gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 that later helped shape the investment industry. The firm oversees $161.7 billion in assets as of September 30, 2025. Disclosures: http://ow.ly/SZ9450N5qTJ.