TSMC Surpasses 1000 Yuan Mark! These Two Semiconductor ETFs Double Performance in Nearly 2 Years

Reported about 1 year ago

Prior to the press conference, TSMC (2330) opened at over 1000 yuan and closed at 1005 yuan, entering the prestigious 1000-yuan stock club. This also led to a significant rise in the Taiwanese stock market by over 350 points. Two semiconductor ETFs have shown impressive performances in recent years, with one doubling in returns. The semiconductor industry is expected to see growth due to the booming AI applications, potentially benefiting related ETFs. TSMC's upcoming 3-nanometer orders and price hikes are anticipated to drive further market growth, especially in the AI sector, impacting related supply chain companies positively.

Source: YAHOO

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