Investors flood into Taiwan ETFs on AI boom, unnerving some

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Explore stories from Atlantic Canada.

Subject of emergency alert message arrested - May 2, 2024 | SaltWire #dartmouth #update #suspectTAIPEI - Money is pouring into Taiwan exchange-traded funds as investors scramble for exposure to the artificial intelligence supply chain, raising analyst and regulator caution just as a rally in the sector has turned fickle and volatile.

That is up 77% from a year earlier, against a rise of 20% in the value of the benchmark equity index over the same period, pointing to heavy inflows. The ETFs include broad index trackers, dividend funds and thematic and sector funds and are popular with foreign and local investors alike. Stability risks were on display when Middle East tensions and a warning of restrained global demand from market leader TSMC set off a wave of chip stock selling.

"It's an investment that flies high on the AI boom, offers high yields, and suits busy people like me," he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines