Korea Investment Management to list Global AI-based ASIC ETF

Quick Summary:

The ETF will focus on investing in the top 10 companies by market capitalization specializing in artificial intelligence (AI) application-specific integrated circuits (ASICs) design and development among US and Taiwanese stocks.

A key differentiator of this ETF is its strategy to invest in hidden AI semiconductor leaders, offering an independent portfolio distinct from existing global semiconductor ETFs.

In conjunction with the listing, Korea Investment Management will also release an updated semiconductor investment guidebook.

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Article Details

Category: Economy

Markets: South KoreaTaiwan

Topics: Guidebook Semiconductor Intelligence Technology Investment Korea Design Latest Management Global Cookies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 14:56:09 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 126 words

Reading Time: 1 minutes read

Sentences: 14 lines

Sentence Length: 9 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 23149833

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