Investors flood into Taiwan ETFs on AI boom, unnerving some

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Investors flood into Taiwan ETFs on AI boom, unnerving some
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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.

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