TSMC Leads Semiconductor Industry Recovery, High Concentration ETFs Back in Focus
Investors can concentrate on Taiwan's semiconductor industry ETFs, particularly those using a 'high concentration' strategy for medium to long-term investments. TSMC stated at its shareholders meeting that its business outlook for the next decade is promising, with demand for AI driving up chip prices. With signs of recovery in the semiconductor industry, many foreign institutions show optimism for TSMC and related ETFs, boosting share prices.
TSMC's advanced process sales accounted for 69%, which is a significant increase from last year. Chairman Wei emphasized that future growth lies in the widespread application of AI across industries and predicted steady growth in the semiconductor market.
The manager of Shin Kong Taiwan Semiconductor 30 ETF, Jan Chia Feng, highlighted that the global semiconductor market is expected to start a new wave of growth, with market value likely to exceed $1 trillion by 2030.
