The Invesco QQQ Trust also has a heavy concentration in AI-linked names, with Nvidia, Apple, Microsoft, Amazon and Micron Technology collectively making up more than 30% of its portfolio. According to Koyfin data, Taiwan Semiconductor Manufacturing Co., Samsung Electronics, and SK Hynix make up nearly 28% of EEM. The Invesco QQQ Trust (QQQ), which tracks the tech-heavy Nasdaq-100 index in the U.S....
The Invesco QQQ Trust also has a heavy concentration in AI-linked names, with Nvidia, Apple, Microsoft, Amazon and Micron Technology collectively making up more than 30% of its portfolio. According to Koyfin data, Taiwan Semiconductor Manufacturing Co., Samsung Electronics, and SK Hynix make up nearly 28% of EEM. The Invesco QQQ Trust (QQQ), which tracks the tech-heavy Nasdaq-100 index in the U.S., has been one of the market’s defining winners over the past decade, surging more than 616%. “QQQ has been a 6.5x net in the last 10 years… tough hurdle to beat,” Jack Altman, general partner at venture capital firm Benchmark, and brother of OpenAI CEO Sam Altman, said in a post on X. Yet, emerging markets are stealing the spotlight in 2026. The iShares MSCI Emerging Markets ETF (EEM), which is largely dominated by Asian emerging markets, has surged 25% so far this year, overtaking the State Street SPDR S&P 500 ETF Trust (SPY), State Street SPDR Dow Jones Indust Avg ETF Trust (DIA), and the QQQ. AI Boom Drives Asian Markets Higher Emerging markets, especially in Asia, have delivered strong returns due to the artificial intelligence trade. Markets in South Korea and Taiwan, which have a heavy concentration of tech hardware companies that are critical to the AI investment cycle, have rallied significantly. According to a report from Investing.com, Yardeni Research recently highlighted the strength of the rally in a note, highlighting that equities in South Korea and Taiwan have surged 87.2% and 52.4% year-to-date, respectively, fueled by robust semiconductor earnings and rising AI-related demand. Meanwhile, Taiwan’s stock market has overtaken India’s to become the fifth largest in the world, trailing the U.S., mainland China, Japan, and Hong Kong, as per a Bloomberg report. The boost is mainly due to a sharp rally in Taiwan Semiconductor Manufacturing Co. (TSM), the world’s largest chipmaker. U.S.-listed shares of Taiwan Semiconductor Manufacturing have more than doubled in ...