According to the Korea Exchange, as of the closing price on July 30, the NAV of the TIGER US Philadelphia AI Semiconductor Nasdaq ETF reached 517.7 billion KRW. The ETF achieved outstanding returns based on the strong performance of its major holdings, including Nvidia. Continued individual buying, driven by high expectations for the artificial intelligence (AI) theme, has established the ETF as a leading domestic semiconductor ETF.
The TIGER US Philadelphia AI Semiconductor Nasdaq ETF tracks the 'US AI Philadelphia Semiconductor Index (ASOX)', which was newly introduced by the US Nasdaq last year to reflect changes in the semiconductor industry driven by the spread of AI technology. This index increases the weight of AI-related companies compared to the traditional 'Philadelphia Semiconductor Index'. The ETF focuses its investments on global semiconductor leaders such as Nvidia, AMD, Broadcom, and ASML.
Nvidia, the ETF's primary holding, surpassed a market capitalization of 4 trillion dollars as of July, setting a world record. The stock price has soared more than 30% since the beginning of this year, and over the past three months alone, has surged by over 60%, reaching new all-time highs day after day. As investment in AI data centers and infrastructure expands across the US, Europe, and Asia, Nvidia is further solidifying its position as a key player in the global semiconductor supply chain. The outlook remains positive as demand for high-performance GPU-based AI infrastructure surges.
The TIGER US Philadelphia AI Semiconductor Nasdaq ETF is also posting strong returns. As of July 30, it has recorded a stable return of 11.8% year-to-date and 39.4% over the past three months. As expectations for growth in the AI semiconductor market rise, individual investors' interest continues steadily. Since its listing on November 26, 2024, cumulative net individual purchases have reached 247.4 billion KRW.
Kim Namho, Head of Global ETF Management at Mirae Asset Global Investments, said, "Semiconductor demand, which is a core infrastructure of the AI era, is expected to continue growing." He added, "The TIGER US Philadelphia AI Semiconductor Nasdaq ETF, which proactively captures the structural growth of the AI industry, is the most intuitive and effective solution for investing in AI semiconductors at a time when the technological paradigm is rapidly shifting."
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