The AI Trade Nobody’s Talking About: Pacer ETFs’ USAI Targets the Energy Behind the Buildout
The AI trade doesn’t start with semiconductors or hyperscalers—it starts with power. Pacer ETFs built its American Energy Infrastructure ETF (ticker: USAI) around the companies moving and producing the natural gas that data centers run on, wrapping midstream pipeline exposure and natural gas producers into a single, K-1-free ETF. With trillions in AI infrastructure spending on the horizon, Pacer makes the case for owning the fuel line not just the data center.