TSMC Soars, High-Inclusion ETFs Surge Together

Reported about 1 year ago

TSMC's stock price skyrocketed from less than 600 NT dollars at the beginning of the year to 922 NT dollars on June 14, triggering a surge in 24 high-inclusion ETFs. The top three ETFs with the highest inclusion levels as of June 14, including Fubon Technology, Fubon Taiwan 50, and Yuanta Taiwan 50, all posted impressive year-to-date gains of over 35%. The focus remains on AI hardware investments for Taiwan's electronic stocks, with expectations for a strong performance in the second half of the year. Various ETF managers have highlighted the growing demand for AI applications, particularly benefiting companies like TSMC in Taiwan's semiconductor industry.

Source: YAHOO

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