Reported 12 months ago
As of June 28, the New Kin Taiwan Semiconductor 30 ETF (00904) achieved a cumulative return of 29.74% in the first half of the year, surpassing the Weighted Stock Price Index (up 28.45%) and the Taiwan Semiconductor Selection 30 Index (up 28.07%). The manager of 00904 ETF, Chan Jiafeng, mentioned that Taiwan's semiconductor industry is gradually recovering and benefiting from global AI trends, with the supply chain targeting AI applications. Expectations for increased performance growth in the second half of the year due to new product launches and favorable global tech trends. Taiwan's semiconductor industry is poised for growth with the increasing demand for advanced processes and high-bandwidth memory in the AI hardware market.
Source: YAHOO