Saharat Chudsuwan, Managing Director of TISCO Asset Management Company Limited (Tisco Asset), revealed that in an era where artificial intelligence (AI) technology is transforming the global economy, one of the sectors playing a pivotal role is semiconductors. This industry has become one of the most significant, as it forms the fundamental backbone of modern technology—ranging from data centers, cloud computing, smartphones, electric vehicles, automation, to advanced AI systems requiring immense processing power.
The semiconductor-related business can be categorized into several types: manufacturing companies such as TSMC, companies that design and manufacture such as Intel, those focusing exclusively on design like NVIDIA, and companies producing chip-making machinery such as ASML.
All players in this industry exhibit strong revenue and operating profit growth, driven by rising global demand for AI. CLSA forecasts that the semiconductor industry’s revenue will reach as much as $2.3 trillion, up from the current $1.5 trillion, reflecting the surge in chip demand across various industries—not just AI, but also cloud, 5G, electric vehicles, Internet of Things (IoT) devices, and advanced processing systems.
Therefore, to capture profit opportunities from businesses that are becoming the new infrastructure of the world, Tisco Asset has launched the TISCO Semiconductor Fund (TSEMICON), with high-risk level 7, investing in the VanEck Semiconductor ETF listed on NASDAQ in the United States. The fund focuses on companies engaged in the semiconductor industry and will have its initial public offering (IPO) from July 6 – 13, 2026.
Semiconductors are not just ordinary electronic components; they are the brains behind nearly all digital devices. As the world seeks to process more data, the demand for chips escalates accordingly. Especially in the AI era, there is soaring demand for high-performance chips such as GPUs, memory chips, CPUs, and chips for data centers. Meanwhile, major technology giants or ‘Hyperscalers’ like Amazon, Microsoft, Alphabet, and Meta are continuing to increase their investment in infrastructure, specifically data centers and AI processing systems—key factors supporting sustained demand for advanced chips, Saharat concluded.
