Reported 12 months ago
TSMC's stock price surged to NT$979 on July 3, with expectations high for their upcoming earnings report on July 18, fueling a new wave of growth in semiconductor ETFs. Various semiconductor ETFs in Taiwan have shown strong performance this year, especially New Kinpo Taiwan Semiconductor 30 (00904) leading the pack with a 29.67% increase, outperforming the weighted stock price index. With TSMC's strong demand for 2-nanometer technology and projected capital expenditure growth in 2025, the semiconductor industry is poised for continued growth, attracting investments back into the sector.
Source: YAHOO