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, Aug 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."

“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.” 

– Yuri Khodjamirian, CFA, Chief Investment Officer of Tema ETFs

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

Security Name

Weight

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%

As of Aug 26, 2026. For all current holdings, visit the PSOX fund webpage.


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.


Media Contact 
Steve Munroe
Steve.munroe@temaetfs.com

Endnotes

1 SemiAnalysis, 2026

2 Mirae Asset Securities, June 2026