Defiance ETFs Launches CAPA, the First U.S.-listed Capacitor & MLCC ETF
MIAMI, Aug 27 (Bernama) -- Defiance ETFs, a leading provider of thematic and income ETFs, today announced the launch of the Defiance AI Capacitors Leaders ETF (Cboe: CAPA), the first U.S.-listed ETF targeting the capacitor supply chain powering AI infrastructure. CAPA seeks to track the BITA AI Capacitors Leaders Index and provides targeted exposure to publicly listed companies that seek to generate significant revenue from the design, manufacture, and supply of advanced capacitors and passive electronic components used in AI infrastructure.
Every AI accelerator, server board, and hyperscale data center depends on capacitors and passive components to condition power, regulate voltage, filter signals, suppress noise, and store energy. As AI chips draw more current at lower voltages, the passive component content per system continues to climb. Industry reporting indicates that a single AI server built on Nvidia's GB300 platform can require roughly 30,000 multilayer ceramic capacitors, with a full rack consuming hundreds of thousands of units. Murata, the largest MLCC manufacturer, has said it expects MLCC shipments into AI servers to grow at approximately 30 percent annually through 2030, reaching more than three times 2025 levels.