Indxx Global Memory Chip Industry Index Licensed by Migdal Mutual Funds.

We are pleased to announce the licensing of the Indxx Global Memory Chip Industry Index by Migdal Mutual Funds. The Index serves as the underlying benchmark for the MTF TR Indxx Global Memory Chip Industry currency hedged (4d)(5142823), which began trading in Israel on TASE (Tel Aviv Stock Exchange) today.

The Indxx Global Memory Chip Industry Index is designed to track the performance of companies that are involved directly in development, manufacturing, and commercialization of memory chip semiconductors. The Index provides focused exposure to the global memory chip companies that are into DRAM, NAND, and specialty memory solutions.

Rahul Sen Sharma, President and Co-CEO at Indxx, said, “As AI adoption accelerates, advanced memory has become a foundational layer of global digital infrastructure — the silicon backbone behind every large language model, cloud platform, and AI-enabled device coming to market. The AI boom has already pushed memory revenues toward $200 billion, and a severe structural supply shortage is projected to drive DRAM and SSD prices up by as much as 130% by the end of 2026. Data centres alone are expected to account for 70% of global memory consumption, underscoring just how concentrated — and critical — this hardware layer has become to the broader AI value chain. We are proud to partner with Migdal Mutual Funds to bring investors targeted access to this space via the Indxx Global Memory Chip Industry Index.”

As of 21st July 2026, the index has 18 constituents. The index has been backtested to May 31, 2021 and has a live calculation date of February 05, 2026. For additional information, please see here.

Founded in 2005, Indxx endeavors to deliver innovative solutions to the investment management community at large. These range from end-to end indexing solutions to index services and technology products. Indxx and products tracking our indices have been nominated for and received numerous awards, including ‘Index Provider of the Year’ at the With Intelligence Mutual Fund & ETF Awards 2022 & 2023, ‘Best Index Provider - Emerging Markets ETFs’ at the ETF Express US Awards in October 2020, and ‘Most Innovative ETF Index Provider Americas‘ at the 14th Annual Global ETF Awards in July 2018.

For more information about this announcement, please contact:
marketing@indxx.com