Defiance ETFs filed for a 2X daily bearish fund against Taiwan Semiconductor Manufacturing (TSMC) on August 26, 2026, and launched a long semiconductor foundry fund, Defiance Global Foundries ETF (AIFR), on September 1, 2026. This move allows the firm to collect fees from investors betting both for and against TSMC, which has seen strong gains recently. The foundry fund covers a range of semiconductor companies with varied performance, raising questions about fee value and diversification. Investors should watch TSMC's upcoming Q3 earnings, which will test the viability of both funds.
Taiwan's Taiex index reached a record intraday high of 48,601.53 driven by strong gains in the tech sector, especially semiconductor companies like TSMC, MediaTek, and Delta Electronics. This surge follows an AI-driven rally on Wall Street fueled by ...
TSMC is expanding its advanced packaging capacity, driven by rising demand from Nvidia and other chip designers. This growth increases the need for specialized inspection and metrology equipment to ensure manufacturing quality, benefiting companies l...
AMD shares rose 5% following a supply-chain report that the company plans a 10% price increase on AI accelerator chips, consumer graphics processors, and motherboard chipsets starting in Q4. The increase is linked to higher wafer costs from its found...
