KraneShares Launches LUMA ETF Targeting AI Optical Infrastructure

KraneShares has launched the actively managed KraneShares Photonic and Optical ETF (LUMA), providing exposure to companies developing optical networking technologies that support AI-driven data infrastructure. The fund invests globally across public and select private companies involved in optical interconnects, transceivers, fiber-optic cables, and other photonics technologies. KraneShares expects growing demand for high-speed AI connectivity to drive long-term growth, citing estimates that the AI networking infrastructure market could exceed $150 billion by 2028.