eToro Announces the Launch of ‘Chip-Tech’ Portfolio

eToro, an Israeli social trading and multi-asset brokerage company, announced that the company has released the 'Chip-Tech' portfolio, which allows investors to back companies playing an integral role in semiconductor manufacturing and commercialisation.

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According to an official announcement, the new portfolio is comprised of 35 companies that play varying roles in the semiconductor domain, including the chip designers, foundries, integrated device manufacturers, silicon wafer producers, and more.

eToro mentioned that the minimum investment amount of the 'Chip-Tech' portfolio is $1,000 and investors can access tools and charts to track the portfolio's performance, while eToro's social feed will keep them up-to-date on developments in the semiconductor sector.

“While chip makers and designers are perhaps less well-known than many of the consumer-facing brands that rely on chips in their products and services, investors have long been aware of their importance to the global tech sector,”Dani Brinker, head of portfolio investments at eToro said.”The launch of our Chip-Tech portfolio means retail investors can easily invest in a basket of some of the world’s most exciting and innovative chip designers and makers.”

As Fazzaco reported earlier, eToro has become the main partner of CFR 1907 Cluj​, a Romanian football club on a multi-year deal, which illustrates its commitment to the Romanian market.