Reported 7 months ago
Taiwan's IC design industry has long maintained a leading position in global competitiveness, creating high-profit levels and becoming a regular player in Taiwan's stock market. With the rise of generative AI, Taiwan's IC design industry is poised for another peak in growth. To capitalize on this, Taiwan's Yuanta Investment Trust has launched the nation's first ETF focusing on the IC design industry, the Yuanta Taiwan IC Design Momentum ETF (00947), listing on the stock market today. The fund's manager, Huang Yumin, highlights the industry's promising outlook, market leadership position, and smaller capital size as key factors driving favorable investment characteristics.
Source: YAHOO