Reported about 1 year ago
Following the Apple WWDC event on June 12, 2024, Apple's stock surged by 7.26%, hitting a historic high and reclaiming the title of the world's second-largest company by market value. Analysts are optimistic about optical lenses, advanced processes, PCB, and assembly industries, with companies like TSMC (2330) and MediaTek (2454) experiencing significant increases. The introduction of Apple Intelligence into new operating systems like iOS 18, iPadOS 18, and macOS Sequoia is expected to drive market demand for upgrades, benefiting various related sectors. As a result, leading Taiwanese technology companies like TSMC, Foxconn, Largan Precision, and others saw notable gains. The growing influence of AI in the tech sector, particularly highlighted by Apple's new strategy, is expected to boost ETF performance, emphasizing the potential of ETFs combining Nvidia and Apple holdings. Capitalizing on the AI trend, tech-related ETFs, including Uni-President FANG+ ETF, have outperformed in various periods. Market experts foresee continued growth in AI applications across hardware, software, services, healthcare, and education sectors, propelling the US technology market upward despite short-term profit-taking pressures.
Source: YAHOO