The Next Wave Of AI Is Optics, And The EUV ETF Owns It

I am initiating coverage of the Corgi Lithography & Semiconductor Photonics ETF with a Buy rating, behind an ever-more compelling shift from memory to optics in AI infrastructure. EUV offers concentrated exposure to optics and optical interconnects (~29% weight), avoiding memory-heavy names and Chinese transceiver suppliers, and complements traditional semiconductor funds. Recent regulatory developments and Nvidia's platform evolution favor US and European optics suppliers, with the optics market growing at an infrastructure buildout pace.