3119.HK is trading 3.5% up today as the Global X Asia Semiconductor ETF rebounds from a sharp sector selloff triggered by TSMC’s aggressive capex plans and profit-taking in AI chip names.

  • Investors appear to be selectively bargain hunting across the Asian semiconductor landscape as market sentiment stabilizes following heavy declines.
  • The recovery in the sector persists despite lingering concerns regarding macroeconomic volatility and ongoing geopolitical tensions.