ETFs with heavy weightings in Taiwan Semi catch a ride higher
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2024
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Should l Buy UMMA?
Source: SeekingAlpha
Strong Earnings Boost: Taiwan Semiconductor Manufacturing Company Limited (TSMC) shares surged after the company reported strong earnings, positively impacting many exchange-traded funds (ETFs) that include TSMC.
ETF Popularity: TSMC's performance is significant as it is a popular component in 83 different ETFs, contributing to their overall rise in value.
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About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Strong Earnings Boost: Taiwan Semiconductor Manufacturing Company Limited (TSMC) shares surged after the company reported strong earnings, positively impacting many exchange-traded funds (ETFs) that include TSMC.
ETF Popularity: TSMC's performance is significant as it is a popular component in 83 different ETFs, contributing to their overall rise in value.
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