Taiwan's only ETF tracking the US Philadelphia Semiconductor Index is splitting its units, making it cheaper for small investors to buy in — good news for retail buyers who want chip exposure.

• Cathay's 00830 will put a 5-for-1 split to a unit-holder vote on November 19, which would cut the cost of one lot to about NT$15,000.
• The fund holds Nvidia, Broadcom, Micron, TSMC, ASML and AMD, covering chip design, manufacturing, packaging, memory and equipment.
• Micron's latest results blew past expectations with revenue up sharply to a record, a sign AI demand is spreading beyond GPUs to memory and CPUs.
• Elsewhere in Taiwan markets: KGI Financial sank over 6% after announcing a large share sale that dilutes earnings, and Yuanta's 0056 declared its biggest-ever quarterly payout.
• Splitting the units lowers the price per unit but does not change what an investor's holding is worth.

Outlook: If the vote passes, 00830 joins the wave of Taiwan ETFs cutting entry prices to pull in more small investors riding the AI chip boom.