Recently, global technology stocks have entered a turbulent pattern, but with the recent financial reports and prospects released by major semiconductor manufacturers, the market demand for communication chips, high-performance computing, Internet of Things and automotive electronics continues to grow, which also continues to promote the semiconductor industry and semiconductor industry. Growth in ETF investment, the Intercontinental Semiconductor Index has risen more than 5% so far in May.
Optimistic about the leading position of the semiconductor industry and the long-term upward trend, Mega Investment Trust launched the Mega Intercontinental Semiconductor ETF (00911), during the fundraising period from 6/8 to 6/14, as long as NT$15,000 can easily control the world's leading semiconductor manufacturers.
The ICE Intercontinental Semiconductor Index has rebounded recently, mainly benefiting from Qualcomm, a major U.S. communications chip maker, whose revenue hit a record high in the first quarter. It also raised its forecast for the second quarter that was better than market expectations. In addition, the automotive chip maker ON Semiconductor ( ON Semiconductor) also hit a record high in revenue in the first quarter, and raised its full-year performance outlook. Niche manufacturers in the semiconductor industry have strong growth potential.
The Mega Intercontinental Semiconductor ETF research team pointed out that the semiconductor industry has a leading position in the technology industry. In the industrial digital transformation environment, revolutionary applications such as AI, Netcom data, 5G integration, etc., all require related semiconductor components. The World Semiconductor Association estimates that from 2020 to 2030, the global semiconductor output value will maintain a high growth rate and will reach 1 trillion US dollars, with an output value increase of up to 127%.
Since the beginning of this year, the evaluation of the Intercontinental Semiconductor Index has been relatively attractive. In addition, the index selects stocks with relatively good future prospects, grasps the pulse of technology trends, adjusts the weight in the fourth quarter of each year, and grasps the opportunities for technology stocks to rotate. Compared with the previous Philadelphia Semiconductor Index, the constituent stocks of the Intercontinental Semiconductor Index also include more global semiconductor leading companies, including Broadcom, Qualcomm, Intel, HYDRO, ON Semiconductor in the United States, and TSMC and ASE in Taiwan, all representing key positions in the industry. It highlights the investment value of the Intercontinental Semiconductor Index as an upgraded version of the Philadelphia Semiconductor Index.
Looking forward to the future, the global stock market sentiment is still cautiously optimistic. At this stage, we should pay attention to the screening of niche industries. The Intercontinental Semiconductor Index has rebounding strength, and screening has four aspects: evaluation advantages, industry niches, performance growth, and trend innovation. The high-quality themes of the 2019-2019-2019-2019-2010-11-2010-2019-10-2010 also contribute to the continuation of the trend of the line. Taking advantage of the current adjustment of semiconductor evaluations, the Mega Intercontinental Semiconductor ETF is used to accurately deploy key global semiconductors and grasp the future long-term upside potential.