Wealthy Investors Buy Semiconductor ETFs as Samsung and SK Hynix Surge

According to Mirae Asset Securities data released on May 6, high-net-worth investors with net assets of at least 1 billion won bought Samsung Electronics the most over the past week, followed by SK Hynix. The two stocks rose 16% and 20%, respectively, over the latest five trading days. The third-largest net purchase was TIGER Semiconductor TOP10 ETF, which holds Samsung Electronics at 23.26% and SK Hynix at 29.60%, along with Hanmi Semiconductor and Leeno Industrial. First-quarter AI infrastructure spending by Google, Amazon, Microsoft and Meta totaled $130.65 billion, up 71% year on year. KODEX AI Power Core Equipment ranked fourth, showing demand for AI data center and power-equipment names. Source: hankyung.com