Tema Launches First-Ever MLCC & Power Semiconductor ETF (PSOX)
PSOX offers targeted exposure to hard-to-access global leaders addressing AI's emerging power bottlenecks.
NEW YORK, August 26, 2026--Tema ETFs ("Tema"), a leader in actively managed exchange-traded funds, today announced the launch of the Tema MLCC & PowerSemi ETF (PSOX), the first ETF of its kind.
Multi-layer ceramic capacitors (MLCCs), which regulate and stabilize power, and power semiconductors, which convert and control electricity, are becoming critical bottlenecks to AI infrastructure. As AI server power requirements rise, MLCC demand is forecast to grow 5x by 2027,1 while the future shift toward 800V DC architectures could drive power semiconductor content per rack more than 11x higher.2 PSOX delivers exposure to the global leaders positioned to benefit from this buildout in a single ETF, including key suppliers in Korea, Taiwan, and Japan that can be difficult for U.S. investors to access directly.
"Power is becoming a defining constraint on AI infrastructure, creating opportunities across a highly specialized global supply chain," said Yuri Khodjamirian, CFA, Chief Investment Officer of Tema ETFs. "PSOX offers investors the first MLCC and power semiconductor ETF designed to access global leaders in the space that can otherwise be difficult to own."
PSOX is an extension of Tema's exclusive partnership with SemiAnalysis, combining Tema's active investment acumen with SemiAnalysis' deep research expertise in semiconductors and AI infrastructure.
Fund Facts: Tema MLCC & PowerSemi ETF
| Ticker | PSOX |
| Exchange | Cboe BZX |
| CUSIP | 87975E735 |
| Expense Ratio | 0.75% |
| Listing Date | Aug 17, 2026 |
Top 10 Holdings
| INFINEON TECHNOLOGIES AG | 11.24% |
| YAGEO CORP | 10.48% |
| DELTA ELECTRONICS INC | 10.41% |
| MURATA MANUFACTURING CO LTD | 10.30% |
| TAIYO YUDEN CO LTD | 9.38% |
| BLOOM ENERGY CORP | 5.15% |
| MONOLITHIC POWER SYSTEMS INC | 5.10% |
| SAMSUNG ELECTRO-MECHANICS CO LTD | 5.08% |
| NAVITAS SEMICONDUCTOR CORP | 5.00% |
| HOLY STONE ENTERPRISE CO LTD | 4.21% |
Sources
1 SemiAnalysis, 2026
2 Mirae Asset Securities, June 2026.
About Tema ETFs
Tema builds ETFs for a range of market environments, offering structural growth and durable core solutions. Founded in 2022, Tema is backed by Index Ventures, Accel Partners, and over a dozen financial services CEOs.
Risk Information
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus or summary prospectus, which may be obtained by visiting temaetfs.com/PSOX. Read the prospectus carefully before investing.