3119.HK is trading 3.2% up today as the Global X Asia Semiconductor ETF recovers from last week's sharp selloff triggered by TSMC’s aggressive capex guidance and profit-taking in AI chip names.
- The sector-wide recovery is being driven by analyst upgrades and bargain hunting as investors rotate back into semiconductor stocks ahead of key earnings reports.
- The ETF's gains reflect a broader stabilization in global chip markets following a period of volatility for high-growth technology assets.