Roundhill Investments launched two new ETFs, NCLD and LYTE, providing targeted exposure to the compute and connectivity
Roundhill Investments announced the launch of the Roundhill Neocloud ETF trading on Nasdaq under the ticker NCLD and the Roundhill Photonics & Optics ETF on Cboe BZX under the ticker LYTE. The Neocloud ETF invests in companies powering AI infrastructure, specifically GPU-as-a-Service platforms and AI data centers that support high-performance computing. As AI workloads continue to grow, these companies provide the compute capacity and cloud infrastructure needed to train, deploy, and scale advanced AI models. The Photonics & Optics ETF invests in photonics and optics stocks driving the AI infrastructure buildout, including optical interconnects, lasers, and photonic chips designed to replace copper with light inside AI data centers. These technologies aim to enable faster data transmission, greater bandwidth, and improved energy efficiency as AI computing demands increase.
The launches follow the April 2026 debut of the Roundhill Memory ETF trading under DRAM, which became the fastest ETF ever to reach 25 billion dollars in assets. Dave Mazza, Chief Executive Officer of Roundhill Investments, stated that DRAM proved investors want precise exposure to the AI infrastructure trade, not another broad tech fund. He added that NCLD and LYTE extend that approach to two critical layers of the AI buildout: the neoclouds providing compute and the photonics companies moving data at the speed of light. Founded in 2018, Roundhill Investments is an SEC-registered investment advisor focused on innovative exchange-traded funds. The company's team has collectively launched more than 100 ETFs, including several first-to-market products. Additional information about the funds is available at roundhillinvestments.com/etf/ncld and roundhillinvestments.com/etf/lyte.