VanEck Launches AI Infrastructure-Focused Data Center ETF

VanEck has launched the VanEck Data Center Supply Chain ETF (CBOE: RACK), offering investors targeted exposure to companies supporting the rapid expansion of artificial intelligence infrastructure.

The new exchange-traded fund seeks to track the MarketVector Data Center Supply Chain Index, a modified float-adjusted market capitalization-weighted benchmark focused on U.S.-listed companies generating significant revenue from data center and AI-related infrastructure activities.

To qualify for inclusion, companies must derive at least 50% of their revenue from business segments tied to AI infrastructure and data center development. Eligible sectors include semiconductor design, cooling technologies, nuclear energy production and electrical equipment manufacturing.

“Much of the AI conversation has centered on applications and software, but the scale of infrastructure required to support AI adoption is becoming increasingly important,” said Nick Frasse, product manager at VanEck.

“What’s happening now resembles a utility-scale industrial buildout more than a traditional software cycle, spanning semiconductors, energy systems, cooling technology and electrical equipment,” he added.

The ETF is designed to provide investors with what VanEck describes as pure-play exposure to companies positioned to benefit from the physical infrastructure required to support growing AI workloads.

RACK expands VanEck’s lineup of thematic investment products focused on emerging technology and long-term structural trends. The firm already offers several specialized funds, including the VanEck Semiconductor ETF (SMH), VanEck Fabless Semiconductor ETF (SMHX), VanEck Uranium and Nuclear ETF (NLR) and the recently launched VanEck Space ETF (WARP).