TechFlow News, February 12: According to JINSHI Data, BlackRock’s ETF—overweight in South Korean chipmakers—saw $281 million in inflows on Wednesday, marking the largest single-day inflow in the fund’s more than 25-year history, signaling investors’ intensified bets on Asia’s semiconductor rally. This $13-billion iShares MSCI South Korea ETF holds Samsung Electronics and SK Hynix as its top two positions—two chip giants that have driven South Korea’s KOSPI Index up over 30% this year, hitting a record high. Data shows the ETF has attracted over $3 billion in net inflows over the past three months. While concerns about inflated AI valuations have triggered volatility across broader tech stocks, investors are rotating into memory chipmakers, whose earnings outlook appears clearer. “As AI-driven disruption anxiety sweeps across numerous industries, memory stocks have clearly become the safe haven,” said Dave Lutz, Equity Sales Trader and Macro Strategist at Jones Trading. “Samsung and Hynix are consistently lifting the South Korean market.”
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