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TSM - PSI: Invesco Semiconductor ETF Benefits From Booming Markets
Taiwan Semiconductor Manufacturing Company Ltd.
Semiconductors are in a secular bull-market due to strong global demand from the 5G/mobility, networking, EV, cloud-computing, IoT, and HPC markets (among others).
Semiconductor equipment makers are also thriving and 2021 should see high investment levels by memory suppliers.
PSI has a strong and competitive track record.
Investors should consider holding a semiconductor ETF as a long-term core technology holding.