REX Shares (“REX”), a leading innovator in alternative ETFs, today announced the launch of the REX AI Chipmaking ETF (Ticker: CHIP), a thematic ETF built to own the equipment layer of the Artificial Intelligence buildout. CHIP holds the companies that make the tools each AI chip has to pass through: wafer fabrication equipment, advanced packaging, and metrology, rather than the chip designers and foundries that buy from them.

Most portfolios already hold the AI mega-caps. CHIP owns what those companies can’t build without, and it doesn’t need to pick the winning chip. Whether CUDA, a rival GPU, or hyperscaler custom silicon prevails, every one of those chips is fabricated on the same front-end tools, and, TSMC, Samsung, SK Hynix, Intel, and Micron are all customers. Next generation nodes and memory generation add process steps rather than removing them, so equipment content per chip rises structurally. And these incumbents are hard to dislodge. Each process step has its own specialist, only a handful can compete for it. Once a tool is qualified into a production line, it stays. For some steps, such as EUV lithography, no second source exists.

The launch comes as the AI capital expenditure (capex) wave is now reaching the equipment layer. Capex flows to toolmakers on a natural 12- to 18-month delay (announce, plan capacity, order tools, then install), so while chip designers and foundries led the first wave, equipment makers are only now entering their acceleration phase. Equipment billings grew 15% in 20252, and SEMI forecasts a record $165.9 billion for 20261. Creative Strategies named the pattern the “Gigacycle” in December 20253. Hyperscalers have guided to $720 billion to $745 billion of 2026 capex4, and three separate drivers are running at once: AI infrastructure demand, government-funded fab construction, and rising process complexity per chip.

“Investors have spent two years buying the chip designers. The equipment makers those designers all depend on are now seeing the capex arrive,” said Greg King, CEO and Founder of REX Shares. “Whichever architecture wins, it gets built on the same tools. CHIP is designed to give investors that layer in a single, globally diversified ticker.”

The ETF is based on the VettaFi AI Chipmaking Index, which tracks global companies essential to the chip manufacturing process behind the AI buildout. The index allocates 50% to wafer fabrication equipment, 25% to advanced packaging, and 25% to metrology across 55 constituents as of August 31, 20265, capped at 5% each quarterly rebalancing. Only about a third of the index carries a primary U.S. listing; Tokyo Electron, Advantest, and DISCO are Japanese, and ASML and Besi are Dutch. Assembling this exposure from U.S.-listed shares alone would leave roughly two-thirds of it out.

The fund will be listed on Nasdaq under ticker symbol CHIP with an expense ratio of 0.65%.

For full fund information, holdings, and risk disclosures, visit www.rexshares.com/chip.

Sources

  1. SEMI, “Global Semiconductor Equipment Sales Forecast to Reach a Record $229 Billion in 2028,” Mid-Year Total Semiconductor Equipment Forecast, OEM Perspective, July 14, 2026.

  2. SEMI, “Global Semiconductor Equipment Billings Reached $135 Billion in 2025, Up 15% Year-on-Year,” Worldwide Semiconductor Equipment Market Statistics, April 7, 2026.

  3. Creative Strategies, “The Semiconductor Gigacycle,” December 2025.

  4. Combined calendar-2026 capital expenditure guidance of Amazon, Alphabet, Meta Platforms, and Microsoft, per company Q2 2026 earnings reports (July and August 2026).

  5. VettaFi, AI Chipmaking Index constituent and weighting data as of August 31, 2026.

About REX Shares

REX Shares offers a suite of exchange-traded products built for both active traders and long-term investors, spanning income, crypto, thematic, and leveraged strategies. Whether making short-term trades, generating income from volatility, or investing in digital assets and emerging themes like drones, REX empowers investors to act on strong market views.

Important Information

The Fund is new and has no operating history, and the Index launched on August 21, 2026. No performance is presented in this communication.

The Index’s exposure to artificial intelligence may be indirect. Constituents may not design, manufacture or sell AI chips directly and may derive significant revenues from broader semiconductor manufacturing. The Index’s eligibility screen is a segment screen, not a screen for artificial intelligence revenue.

An investment in the Fund entails risk, including possible loss of principal. The Fund is not a complete investment program. It is important that investors review the risks below and the risks described in the prospectus, and understand them, before making an investment in the fund.

Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the REX AI Chipmaking ETF please call 1-844-802-4004 or visit our website at rexshares.com. Read the prospectus and summary prospectus carefully before investing.

Important Risks

AI Industry Risk. Companies involved in artificial intelligence face intense competition, rapid product obsolescence, high research and development costs, and potential regulatory change. Their share prices may be more volatile than the broader market.

Chipmaking Enabling Companies Risk and Semiconductors and Semiconductor Equipment Industry Risk. The Fund invests in companies that supply equipment and services to chip manufacturers. These businesses are cyclical, depend on the capital spending decisions of a small number of customers, and can be materially affected by supply chain disruption, export controls and changes in trade policy.

Concentration Risk and Non-Diversification Risk. The Fund concentrates its investments in an industry or group of industries, and as a non-diversified fund it may invest a greater portion of its assets in the securities of a single issuer. Both increase the effect that any single holding or industry development has on the Fund’s value.

Foreign Securities, Currency, Depositary Receipts, Asia, Japan and Europe Risk. The Fund invests significantly in securities of non-US issuers, directly and through depositary receipts. Foreign investments involve risks not typically associated with US investments, including currency fluctuation, different regulatory and accounting standards, less liquidity, higher transaction costs, and political and economic developments specific to a country or region. The Index has significant exposure to Asia, including Japan, and to Europe.

New Fund, New Index, Index Provider, Passive Investment and Non-Correlation Risk. The Fund is recently organized and has no operating history. The Index is newly created and has a limited history. The Fund is not actively managed and relies on the Index Provider’s methodology and data; errors in index construction or calculation may not be identified or corrected promptly. The Fund’s return may not match the Index’s return.

Equity, Large Capitalization, Liquidity, Volatility, Trading Issues, Premium/Discount, Costs of Buying and Selling Fund Shares, Authorized Participant and Operational Risk. Equity values rise and fall. Shares may trade at a premium or discount to net asset value, trading may be halted, and the Fund relies on a limited number of authorized participants and market makers. Buying and selling shares involves brokerage and other costs.

Total annual fund operating expenses are 0.65%. The Adviser pays all Fund expenses excluding the management fee, interest, taxes, acquired fund fees and expenses, and brokerage commissions. See the prospectus for the full fee table, the investment objective, and complete risk disclosures. The Fund is a series of REX ETF Trust. The Fund’s investment adviser is REX Advisers, LLC.

The VettaFi AI Chipmaking Index is a service mark of VettaFi LLC and has been licensed for use by REX Shares, LLC and the REX AI Chipmaking ETF. The REX AI Chipmaking ETF is not sponsored, endorsed, sold or promoted by VettaFi LLC and VettaFi LLC makes no representation regarding the advisability of investing in REX AI Chipmaking ETF.

Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Fund’s investment advisor.

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