Global X Launches ETF Targeting MLCCs, AI Infrastructure Suppliers

According to The Korea Herald, Global X, the U.S. exchange-traded fund arm of Mirae Asset Global Investments, launched an ETF focused on multilayer ceramic capacitors and other electronic components tied to the rapid expansion of AI infrastructure. The Global X MLCC & Electronic Components ETF began trading Friday on the Cboe BZX Exchange. The actively managed fund invests in manufacturers of MLCCs, which are used to regulate power and filter electrical signals in AI servers, electric vehicles and smartphones.