As the United States presidential election nears, there's one key theme that's expected to continue regardless of who wins: the reshoring of American manufacturing . Both the Republicans and Democrats have proposed policies that favor bolstering manufacturing in the country – through subsidies or tariffs. And investors are paying attention. Tema ETFs runs the actively managed American Reshoring ETF , designed to take advantage of this trend.
which is also benefitting from the rise in AI demand, is up nearly 60% this year. The company has increased its investments in the United States to $65 billion, with plans to set up three semiconductor fabrication plants in Arizona, thanks to the United States CHIPS Act. It is expected to create 6,000 "direct high-tech, high-wage jobs," 20,000 construction jobs, and tens of thousands of indirect supplier and consumer jobs, according to the company.