US Stocks Stage V-Shaped Rebound, Semiconductor Sector Rallies; Global X Asia Semiconductor Etf (03119.HK) Surges Over 7% at the Open

NewTimeSpace News:On Monday, US President Trump hinted that US-Israeli military operations against Iran might be nearing an end, triggering a late-session market reversal. The semiconductor sector strengthened, with the Philadelphia Semiconductor Index (SOX) climbing 3.93%. Individual names saw AMD surge 5.33%, Broadcom jump 4.62%, TSMC advance 2.89%, and Nvidia rise 2.72%. Global X Asia Semiconductor Etf (03119.HK) opened more than 7% higher.

According to HKEX data, the Global X Asia Semiconductor Etf (03119.HK) fund tracks the Solactive Asia Semiconductor 30 Index, employing a market-capitalization-weighted strategy focused on core segments of the semiconductor supply chain across Asia (including South Korea, Japan, Mainland China, and Taiwan). Its constituents span wafer foundry, memory chips, semiconductor equipment, and IC design sub-sectors.

The fund exhibits high-beta characteristics, with performance closely correlated to global semiconductor cycles. During the AI computing demand boom of 2023–2024, the fund recorded significant gains alongside industry upswings; however, in down cycles (such as 2022), volatility intensified with potential drawdowns exceeding 30%.

South Korean media reported that Samsung Electronics announced plans to double NAND flash prices again in the second quarter. Meanwhile, select A-share memory companies recently reported earnings beating expectations. The scale of AI investment is unprecedented in human technological history, suggesting the current upturn may outlast previous cycles. Market expectations currently anticipate that memory price increases will persist at least through the first half of next year. Additionally, since March, expectations surrounding the listing of memory sector leaders and capacity expansion orders have continued to strengthen, while demand for advanced process node expansion remains robust, underpinning solid fundamentals for semiconductor equipment makers.

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