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Taiwan Semiconductor Arbitrage Trade Faces Challenges As US Stock Premium Hits 15-Year High: 'AI Boom Is Not Over' - First Trust Exchange-Traded Fund VIII First Trust Active Global Quality Income ETF (ARCA:AGQI), Apple (NASDAQ:AAPL)

Summary by Benzinga
The popular arbitrage trade involving Taiwan Semiconductor Manufacturing Co is causing unexpected pain as the U.S. stock premium over its Taiwanese counterpart reaches a 15-year high.

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Benzinga broke the news in New York, United States on Monday, June 17, 2024.
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